Particle.news

Download on the App Store

Milei Backs Espert as U.S. Bank Records Tie $200,000 to Machado

Markets wobbled after mixed U.S. signals, prompting an urgent Washington trip by Economy Minister Luis Caputo.

Overview

  • Bank of America documents used in a Texas probe are reported to show a US$200,000 transfer from a Machado-linked company to José Luis Espert.
  • In a late-night video, Espert said the money was payment for private consulting to Machado’s Guatemala mining company and not related to campaign or public funds.
  • President Javier Milei publicly shared Espert’s message to signal support, while spokesman Manuel Adorni said any remaining explanations must come from the candidate.
  • Investigations also report about 35–36 private flights by Espert on planes tied to Fred Machado, who is detained under house arrest and faces a U.S. extradition request.
  • After conflicting remarks from U.S. Treasury official Scott Bessent, markets turned volatile and Caputo announced a rapid trip to seek clarity on potential assistance, as the Senate separately overrode vetoes to convert measures into law.