Latest news with #CristinaFernandezdeKirchner
Yahoo
3 days ago
- Politics
- Yahoo
Argentine TV station damaged in protest over Kirchner's prison sentence
STORY: :: Former Argentine president Cristina Fernandez de Kirchner's supporters damage TV stations over her prison sentence :: Buenos Aires, Argentina :: June 10, 2025 Demonstrators also gathered near the president's home to protest a top-court ruling upholding a six-year prison sentence for Kirchner and effectively banning her from office. Kirchner, 72, a polarizing opposition figure and leftist president from 2007 to 2015, was convicted by a trial court in 2022 for a fraud scheme that steered public road work projects in the Patagonia to a close ally while she was president. The Supreme Court's three judges rejected Kirchner's appeal and left in effect an appellate court decision that had upheld the guilty verdict. A lower court will decide whether to grant Kirchner house arrest due to her age. Supporters breached the channel's offices security, causing damage inside and outside the building. At least ten cars were damaged and bicycles stolen, Argentine media reported.
Straits Times
3 days ago
- Business
- Straits Times
Argentine market traders cautiously cheer 'future without Cristina'
FILE PHOTO: Argentina's former President Cristina Fernandez de Kirchner looks on outside the Partido Justicialista (Justicialista Party) national building, after Argentina's Supreme Court upheld her guilty verdict for defrauding the state, in Buenos Aires, Argentina, June 10, 2025. REUTERS/Tomas Cuesta/ File Photo BUENOS AIRES/NEW YORK - Argentine traders cheered on Wednesday a court's political ban on populist former President Cristina Fernandez de Kirchner, a powerful but divisive politician who often clashed with investors and creditors. The country's Supreme Court on Tuesday upheld a ruling against the former president, who was sentenced to six years in prison and banned from holding public office for fraud, rejecting an appeal by the leader of the Peronist opposition. "All investors fear a return to Kirchnerism. A future without Cristina.... clears the outlook," said Mariano Sardans of local financial firm FDI Gerenciadora de Patrimonios, citing high-spending, interventionist policies under the Peronists. "The specter that always looms over investors is Kirchnerism and Argentina's falling back into policies of that nature." Current market-friendly libertarian President Javier Milei has been well received by investors, helping boost equities and bonds since he took office in late 2023, ushering in tough austerity and a "zero deficit" drive. Legislative elections in October are seen as a test of his popularity. A positive result in those ballots will help ensure the success of some of his investor-friendly reforms. Fernández, the government's strongest opposition figure, will now be barred from running for a seat she sought in Buenos Aires Province. Sovereign dollar bonds were trading slightly higher on the day while the benchmark S&P Merval stock index fell over 1% after rising more than 4% on Tuesday. Other analysts were more cautious, warning about tough economic challenges ahead, including rebuilding foreign exchange reserves. "The impact on the market will most likely be limited, since the Supreme Court's ruling doesn't solve Argentina's macroeconomic problems," said Roberto Geretto, an economist at local firm Adcap. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.
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First Post
4 days ago
- Politics
- First Post
Ex-Argentina Prez Cristina Fernandez to be jailed as Supreme Court upholds corruption conviction
The Supreme Court of Argentina has upheld former President Cristina Fernandez de Kirchner's (2007–15) corruption conviction. The SC has also upheld the lifetime ban on holding public office. read more Argentina's former President Cristina Fernandez de Kirchner smiles to supporters at the Partido Justicialista headquarters in Buenos Aires on June 10, 2025. (Photo: AFP) Argentina's highest court upheld a six-year prison sentence for former President Cristina Fernández de Kirchner in a ruling Tuesday that permanently banned her from public office over the corruption conviction that found she had directed state contracts to a friend while she was the first lady and president. The explosive Supreme Court ruling left Fernández, Argentina's charismatic yet deeply divisive ex-leader, subject to arrest and sent her supporters pouring into the streets of Buenos Aires, Argentina's capital, and blocking major highways in protest. STORY CONTINUES BELOW THIS AD The court asked Argentina's security ministry to set up a detention center to hold 72-year-old Fernández. Her defense lawyer Carlos Beraldi told C5N, a television station in Buenos Aires, that he had requested Fernández be allowed to serve her sentence in house arrest given her age. The ruling bars Fernández from running in this fall's Buenos Aires legislative elections just days after she launched her campaign. Fernández, who dominated Argentine politics for two decades and forged the country's main left-wing populist movement known as Kirchnerism, after her and her husband, former President Néstor Kirchner, rejects the charges as politically motivated. During Fernández's eight years in office (2007–2015), Argentina expanded cash payments to the poor and pioneered major social assistance programs. But her governments funded the unbridled state spending by printing money, bringing Argentina notoriety for massive budget deficits and sky-high inflation. Critics blamed Argentina's years of economic volatility on Fernández's policies, and outrage over successive economic crises and the country's bloated bureaucracy helped vault radical libertarian President Javier Milei to the presidency in late 2023. The ruling dealt a severe blow to Milei's opposition during a crucial midterm election year. He celebrated the ruling, writing on social media: 'Justice. Period.' STORY CONTINUES BELOW THIS AD Fernández was embroiled in multiple corruption scandals during her tenure. She was convicted in 2022 in this corruption case, which centered on 51 public contracts for public works awarded to companies linked to Lázaro Báez, a convicted construction magnate and friend of the presidential couple, at prices 20 per cent above the standard rate ally in a scheme that cost the state tens of millions of dollars. The high court rejected Fernández's request for the court to review her prison sentence in March. In a resolution obtained by The Associated Press, the court said that the prison sentence 'does nothing more than to protect our republican and democratic system.' The Kirchner governments carried out 'an extraordinary fraudulent maneuver' that harmed the interests of the government and resulted in the embezzlement of roughly $70 million at the current exchange rate, the resolution said. Supporters of Fernández and her political movement blocked main roads into Buenos Aires and stormed the offices of Argentina's two main cable networks that are widely considered critical of the ex-leader, Channel 13 and Todos Noticias, smashing televisions, vandalizing cars and shattering windows. There were no injuries reported. STORY CONTINUES BELOW THIS AD Fernández rejected the decision, calling the court justices 'puppets' of those wielding economic power in the country. 'They're three puppets answering to those ruling far above them,' she told supporters in a rousing speech outside her party's headquarters. 'It's not the opposition. It's the concentrated economic power of Argentina's government.' Gregorio Dalbón, one of Fernández's lawyers, vowed 'to take this case to all international human rights organizations.' Fernández has questioned the impartiality of the judges. She claims her defense didn't have access to much of the evidence and that it was gathered without regard to legal deadlines. Fernández faces a series of other upcoming trials on corruption charges.
Time of India
4 days ago
- Politics
- Time of India
Argentine Supreme Court upholds 6-year prison sentence for ex-President Fernandez
AP image Argentina's highest court upheld a six-year prison sentence for former President Cristina Fernandez de Kirchner in a ruling Tuesday that permanently banned her from public office over the corruption conviction that found she had directed state contracts to a friend while she was the first lady and president. The explosive Supreme Court ruling left Fernandez, Argentina's charismatic yet deeply divisive ex-leader, subject to arrest and sent her supporters pouring into the streets of Buenos Aires, Argentina's capital, and blocking major highways in protest. The court asked Argentina's security ministry to set up a detention centre to hold 72-year-old Fernandez. Her defense lawyer Carlos Beraldi told C5N, a television station in Buenos Aires, that he had requested Fernandez be allowed to serve her sentence in house arrest given her age. The ruling bars Fernandez from running in this fall's Buenos Aires legislative elections just days after she launched her campaign. Fernandez, who dominated Argentine politics for two decades and forged the country's main left-wing populist movement known as Kirchnerism, after her and her husband, former President Nestor Kirchner, rejects the charges as politically motivated. During Fernandez's eight years in office (2007-2015), Argentina expanded cash payments to the poor and pioneered major social assistance programs. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 오스템 임플란트 받아가세요 임플란터 더 알아보기 Undo But her governments funded the unbridled state spending by printing money, bringing Argentina notoriety for massive budget deficits and sky-high inflation. Critics blamed Argentina's years of economic volatility on Fernandez's policies, and outrage over successive economic crises and the country's bloated bureaucracy helped vault radical libertarian President Javier Milei to the presidency in late 2023. The ruling dealt a severe blow to Milei's opposition during a crucial midterm election year. He celebrated the ruling, writing on social media: "Justice. Period." Fernandez was embroiled in multiple corruption scandals during her tenure. She was convicted in 2022 in this corruption case, which centred on 51 public contracts for public works awarded to companies linked to Lazaro Baez, a convicted construction magnate and friend of the presidential couple, at prices 20% above the standard rate ally in a scheme that cost the state tens of millions of dollars. The high court rejected Fernandez's request for the court to review her prison sentence in March. In a resolution obtained by The Associated Press, the court said that the prison sentence "does nothing more than to protect our republican and democratic system." The Kirchner governments carried out "an extraordinary fraudulent maneuver" that harmed the interests of the government and resulted in the embezzlement of roughly $70 million at the current exchange rate, the resolution said. Supporters of Fernandez and her political movement blocked main roads into Buenos Aires and stormed the offices of Argentina's two main cable networks that are widely considered critical of the ex-leader, Channel 13 and Todos Noticias, smashing televisions, vandalising cars and shattering windows. There were no injuries reported. Fernandez rejected the decision, calling the court justices "puppets" of those wielding economic power in the country. "They're three puppets answering to those ruling far above them," she told supporters in a rousing speech outside her party's headquarters. "It's not the opposition. It's the concentrated economic power of Argentina's government." Gregorio Dalbon, one of Fernandez's lawyers, vowed "to take this case to all international human rights organisations." Fernandez has questioned the impartiality of the judges. She claims her defense didn't have access to much of the evidence and that it was gathered without regard to legal deadlines. Fernandez faces a series of other upcoming trials on corruption charges.
UPI
4 days ago
- Politics
- UPI
Argentina's high court upholds former President Kirchner's conviction
Argentina's Supreme Court on Tuesday ruled former President Cristina Fernandez de Kirchner (pictured in 2013) must serve her six-year prison sentence for a corruption conviction. File Photo by Stefano Spaziani/UPI | License Photo June 10 (UPI) -- Former Argentine President Cristina Fernandez de Kirchner must serve her six-year prison sentence for a corruption conviction, the nation's Supreme Court of Justice ruled on Tuesday. The three-judge court unanimously upheld Kirchner's 2022 corruption conviction and ruled she is banned from holding public office. The conviction arises from how awards for 51 public works projects were issued in what became the "Vialidad" trial. Kirchner, 72, received due process, and the "rulings issued by the lower courts were based on extensive evidence assessed in accordance with the rules of sound judgment and the penal code enacted by Congress," the judges wrote in Tuesday's verdict. She had argued that the trial arose from political persecution because she is an influential leader of the opposition to current Argentine President Javier Milei and his government. Kirchner was Argentina's president from 2007 to 2015. She also was Argentina's vice president from 2019 to 2023. She is a popular leftist politician and recently announced she intended to run for a seat during the Sept. 7 Buenos Aires Province legislative elections. If she were to run and win, the victory would have given Kirchner immunity against imprisonment over the four-year term as a provincial lawmaker. The Supreme Court's decision against her makes it impossible for Kirchner to seek any public office. "The republic works," Milei said in a translated statement made during his visit to Israel. "All the corrupt journalists, accomplices of politicians, have been exposed in their operetta about the alleged pact of impunity," Milei said. The Federal Oral Court 2 in December 2022 found Kirchner guilty of corruption, sentenced her to prison and imposed a lifetime disqualification from holding public office due to "fraudulent administration to the detriment of the state." She was allowed to stay out of prison while the Supreme Court deliberated the case. Kirchner similarly was charged with fraud in 2016 and was convicted in February 2021, which made her Argentina's first vice president to be convicted of a crime while still in office. She was accused of and convicted of directing 51 public works contracts to a company owned by Kirchner's friend and business associate, Lazaro Baez. The scheme also directed $1 billion to Baez, who is serving a 12-year sentence for a money-laundering conviction in 2021 and was sentenced to another six years in prison for charges arising from the case that resulted inKirchner's conviction.
