As we said, it consisted in concentrating the largest sum of state funds destined to public works in one place: Santa Cruz,” notes the request. The prosecutors allege that it’s likely at least some of this AR$16 billion ended up in the pockets of the former presidents’ family. Initially flagged for not paying taxes, later investigations refocused the case around an alleged money laundering scheme by businessman Lázaro Báez. Báez is currently behind bars and is awaiting trial for the “K Money Trail” case. Báez is also being investigated in the Hotesur and “K Money Trail” cases.

Source: The Bubble September 05, 2016 17:48 UTC