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Prosecutor Charged Argentine President for Agreement with the IMF

  • Published in International

Prosecutor Charged Argentine President for Agreement with the IMF.Buenos Aires, Sep 5.- Prosecutor Jorge Di Lello criminally charged Argentine President Mauricio Macri and other officials of his team for the agreement signed last June with the International Monetary Fund.

The complaint was filed by the Popular Unit, the Popular Dignity Movement and the Observatory of the Human Rights in the City, which denounced the president for abuse of authority and violation of the duty of public official for the loan of 50 billion dollars requested to the IMF without prior authorization from Congress.

The prosecutor took the criminal action forward considering that the facts, illegalities, and unconstitutionality alleged in the complaint are credible and logical while asking for several proofs about the agreement.

In addition to the criminal complaint, a writ of amparo was filed to declare the absolute nullity of the stand-by agreement signed between the Executive Power and the Fund, several local media reported.

After the decision, the Justice Department required all the resolutions by which the Government contracted the debt for the National Treasury, including the agreement with the IMF and the administrative file through which the agreement was processed, the portal Minuto Uno reported.

Judge Julian Ercolini in charge of the case must define a request for precautionary measures to suspend the effects of the agreement and order the suspension of future withdrawals or requests for funds and the use of funds already transferred, the source added.

The resolution comes amid talks between the Government and the IMF to agree on another advance of what was agreed due to the economic emergency that the country is experiencing as a result of the mega-devaluation of the peso.