Argentine court orders seizure of former president Cristina Kirchner’s assets

Argentine court rejects appeal and orders Cristina Kirchner’s arrest An Argentine appeals court confirmed a lower court decision and upheld the confiscation of former president Cristina Kirchner’s assets, as part of her corruption conviction for which she is serving a six-year prison sentence, local newspaper La Nación reported this Friday (24). ✅ Follow the g1 international news channel on WhatsApp The court had ordered Kirchner and others convicted in the case to pay around US$500 million in compensation. The decision was challenged by the former president’s defense. In June last year, Argentina’s Supreme Court banned Kirchner from holding public office and upheld her 2022 prison sentence for a fraud scheme involving the steering of public road works in Patagonia to an ally while she was president. Kirchner is serving his sentence under house arrest, in an apartment in Buenos Aires, from where he continues to lead the Peronist Justicialista party. According to La Nación, Kirchner transferred several properties to his children as advances on his inheritance, including hotels and apartments in southern Argentina. Corruption trial Former president Cristina Kirchner on June 10, 2025 REUTERS/Tomas Cuesta The Argentine Public Ministry initially asked for a 12-year sentence for Cristina Kirchner for corruption linked to the contracting of public works. The sentence was later revised to six years in prison. The trial, which began in May 2019, investigates whether there was misdirection and overpricing in the concession of public works in the province of Santa Cruz, the Kirchners’ political birthplace. For prosecutors, she and other officials in her government favored companies owned by a man named Lázaro Báez — many of the works in question were not even completed. Experts suspect that part of the allegedly embezzled money returned to the hands of the Kirchner family. The country’s Penal Code establishes that anyone convicted of these crimes will be disqualified from holding public office. “This is probably the biggest corruption maneuver ever known in the country,” said prosecutor Diego Luciani when defending the sentence. On September 1, 2022, when he held the vice-presidency of the country, Kirchner was the victim of an attempted murder in the Recoleta neighborhood, in Buenos Aires, while leaving an event. Brazilian far-right militant Fernando André Sabag Montiel pointed a Bersa pistol at his face from a few centimeters away, but the weapon misfired at the moment of firing. Montiel was immediately arrested and sentenced to 10 years in prison last year. VIDEOS: most watched on g1

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