Overview

• Federal Oral Court No. 7 refused about 50 defendants’ “reparación integral” proposals to extinguish the criminal action and avoid trial.
• Offers totaled roughly $12–$21 million in cash and assets, including real estate and other property, according to filings reported by the court and press.
• Prosecutor Fabiana León and the Financial Intelligence Unit opposed the bids, arguing that large-scale corruption cannot be settled with payments.
• Judges Enrique Méndez Signori, Fernando Canero and Germán Castelli held that a reasoned fiscal objection is binding and that selective extinguishment for entrepreneurs is impermissible.
• The case, which includes Cristina Fernández de Kirchner among the accused, proceeds to an oral, public trial on November 6 with about 174 defendants, some 540 alleged acts and hundreds of witnesses, and defense teams may appeal.