Argentine Court Orders Seizure of Kirchner and Báez Assets to Recover 685 Billion Pesos

Overview

• On Nov. 18, Federal Oral Court 2 directed the confiscation of dozens of properties from Cristina Kirchner, her children Máximo and Florencia, and businessman Lázaro Báez.
• The recovery target is 685 billion Argentine pesos tied to the Vialidad conviction that the Supreme Court upheld in June, and Kirchner remains under home detention.
• Media counts indicate roughly 20 assets linked to the Kirchner family and at least 84 tied to Báez, including holdings owned through companies.
• Judges rejected defense claims that prosecutors failed to trace funds to specific properties, stating that confiscation does not require “scientific traceability.”
• Prosecutors Diego Luciani and Sergio Mola focused on assets acquired between 2003 and 2015, and the court asked the Supreme Court to decide whether any seized real estate should be retained for judicial use before potential auction.