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Federal Court Confirms Charges Against Former Argentine President Alberto Fernández in State Insurance Case

The Sala II ruling upholds an asset embargo with a travel restriction, positioning the case to advance toward a public oral trial.

Overview

  • Judges at the Comodoro Py Federal Chamber affirmed the procesamiento of Alberto Fernández for negotiations incompatible with public office tied to state insurance contracting.
  • The court ratified an embargo of ARS 14,634,220,283 on Fernández’s assets and maintained a requirement for judicial authorization to leave the country.
  • Processing was also confirmed for broker Héctor Martínez Sosa, his spouse and former presidential secretary María Cantero, and former Nación Seguros head Alberto Pagliano.
  • The panel comprised Roberto Boico, Martín Irurzun, and Eduardo Farah, with Irurzun and Farah forming the majority.
  • Coverage of the ruling describes it as moving the probe from investigation toward an oral, public trial, with further procedural steps to follow.