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Court Advances Seizure of Kirchner’s Assets While Appeal on Calculation Method Proceeds

The Tribunal Oral Federal 2 refused to pause enforcement of a US$537 million decomiso after granting a casación review of the index-based update

Overview

  • The court rejected Cristina Kirchner’s request to suspend execution of her decomiso order tied to the 2022 Vialidad conviction
  • TOF 2 granted her recurso de casación so Sala IV of the Federal Chamber of Casación Penal will review the use of INDEC’s CPI to update the decomiso
  • Casación review carries no suspensive effect, prompting TOF 2 to start identifying and localizing Kirchner’s assets for potential seizure
  • The original ARS 84.8 billion damage finding was recalculated by Supreme Court peritos using the consumer price index to ARS 684.99 billion, a method the defense contends inflates the amount
  • Kirchner’s legal team plans to seek relief from the Supreme Court and international human rights bodies if Casación rejects their challenge