Former President of Argentina On Trial for Tax Fraud

Tuesday, 03 Sep 2013 11:00 AM

By Joel Himelfarb

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Former Argentinean President Carlos Menem is back in court, this time for allegedly falsifying his tax returns.
 
Prosecutors in Buenos Aires say Menem, 83, concealed bank accounts with millions of dollars, along with two light aircraft, properties, cars and stocks, the BBC reports.
 
Menem, currently an Argentinean senator, served as president of the country from 1989 to 1999. He denies the charges.
 
In June, Menem was sentenced to seven years in prison after being convicted of illegal weapons trafficking during his time as president. He remains free because as a senator, he enjoys parliamentary immunity.
 
In the tax-fraud trial, the prosecution claims that Menem falsified his tax returns for the year 2000 by failing to report two bank accounts — including one valued at $6 million.
 
He faces six years in prison if convicted.
 
In June, Menem was found guilty of illegally selling weapons and ammunition to Ecuador and Croatia — nations that were subject to international arms embargos — during his decade-long presidency.
 
The Associated Press reported that Menem has also been accused in connection with a 1995 explosion at a weapons factory that killed seven people and wounded dozens more. Prosecutors believe the blast was intended to eliminate evidence of arms trafficking.

© 2014 Newsmax. 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

Ex-Mountie Hero Gets Standing Ovation in Canada's Parliament

Thursday, 23 Oct 2014 17:43 PM

The standing ovation began even before Sergeant-at-Arms Kevin Vickers entered the Parliament chamber in his black robe,  . . .

Canadian Parliament Gunman Acted Alone: Police

Thursday, 23 Oct 2014 16:23 PM

The gunman in Wednesday's attack on Canada's capital Ottawa acted alone and there was no apparent link to an attack in Q . . .

Reporter: 'Rooms Full' of Lawmakers as Ottawa Attack Unfolded

Thursday, 23 Oct 2014 12:08 PM

The reporter who shot a video on Wednesday when a gunman entered the Canadian Parliament said the day had begun "as a re . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

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