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

Dianne Feinstein: Says No Place for Violence in NFL

Sunday, 21 Sep 2014 14:38 PM

Women of the U.S. Senate have taken notice and will speak up about how the National Football League has handled domestic . . .

No Quick Fix in US Bid to End Reliance on Russian Rocket Engines

Sunday, 21 Sep 2014 07:17 AM

The U.S. drive to end its reliance on Russian rocket motors got a boost this week when Amazon.com Inc founder Jeff Bezos . . .

Jailed Venezuelan Police Chief Freed

Saturday, 20 Sep 2014 10:13 AM

A former police chief in Caracas, Venezuela, whose decade-long imprisonment had rallied Venezuela's opposition has been  . . .

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