Former Argentina Economy Minister Convicted Over Money Stash

Friday, 28 Dec 2012 04:19 AM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
BUENOS AIRES, Argentina — An Argentine court on Thursday sentenced former Economy Minister Felisa Miceli to four years in jail over $32,500 in cash found stashed in a brown paper bag in her office bathroom.

Miceli, who served under the late Nestor Kirchner as Argentina's first woman economy chief, was convicted of hiding the origin of the money but will remain free while pursing appeals.

In June 2007 police discovered 100,000 Argentine pesos, worth $32,500 at the time, in a closet in Miceli's Economy Ministry office bathroom during a routine bomb inspection. The money was found in bags marked with the official seal of Argentina's central bank.

The bomb-sniffing dogs that found the money also discovered $31,670 in U.S. dollars in the bathroom, but there were no charges against Miceli related to the dollars.

Miceli said she had borrowed both the pesos and dollars to buy a house. But the court ruled she had failed to give a solid explanation of where it came from and said she had snatched and hid the report written by police after the bag was discovered.

Miceli, who served from 2005 to 2007 during Kirchner's presidency, resigned a month after the cash was discovered. She has denied any wrongdoing.

"I will pursue all avenues to show my innocence," Miceli told reporters.

The cash was traced from Argentina's central bank to a private financial institution that had been under investigation for money laundering, triggering a full-blown political scandal.

In its Thursday ruling, the court's three-judge panel referred to the money's origin as "spurious."

Kirchner was succeeded as president by his wife, Cristina Fernandez, who won the office in 2007 and was re-elected last year. Kirchner, who Fernandez credits with developing the model for her progressive policies, died in 2010.

© 2014 Thomson/Reuters. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Homeland Security Denies ISIS Attack From Mexico Imminent

Tuesday, 16 Sep 2014 07:10 AM

Warnings by conservative groups and Republican lawmakers that the Islamic State plans to launch a terrorist attack on U. . . .

Hurricane Strands Tourists, Sparks Looting in Mexico

Tuesday, 16 Sep 2014 07:01 AM

Hurricane Odile destroyed homes and shut down airports in Mexico's Baja California peninsula on Monday, sparking looting . . .

Hurricane Odile Batters Mexico's Baja Resorts, Sparks Looting

Monday, 15 Sep 2014 20:51 PM

Hurricane Odile ground its way up Mexico's Baja California peninsula on Monday, gradually losing strength after injuring . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved