The charges that have engulfed the vice president have had a knock-on effect and suddenly other foundations under the management of multiple officials from President Mauricio Macri’s administration are under scrutiny. The shocking aspect about these presentations is that none of these organizations had presented balance sheets before. Although foundations don’t pay taxes, they do have to declare where their donations come from and cannot accept cash. In addition, there are suspicions that the money might have come from contracts with the City of Buenos Aires government. The foundation only registered as an employer after the robbery in Michetti’s house.

Source: The Bubble September 05, 2016 20:36 UTC