Page 11 - ARUBA TODAY

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WORLD NEWS Monday 6 March 2017

Argentine clean-up president Macri finds scandals of his own

case involving the alleged administration of the postal Two of the cases swirling
manipulation of currency service in the 1990s. around Macri grew out
exchange futures markets. The opposition denounced of the so-called Panama
She denies the charges the agreement as a con- Papers revelations of inter-
against her. Macri’s own flict of interests and Macri national tax-dodging and
approval ratings took a was forced to cancel it. the regional scandal over
bump in February when a Analyst Federico Aure- bribery by the Brazilian con-
federal prosecutor ques- lio, from the Julio Aurelio- struction company Ode-
tioned an agreement Aresco consulting firm, said brecht. Prosecutor Federi-
signed last year cancelling the affair added to public co Delgado is investigat-
an $18 million debt owed angst over a sluggish econ- ing Macri and his father for
the government by the omy, helping bump Macri’s possible money laundering
business group headed by approval ratings down sev- and tax invasion over two
the president’s father, Fran- en percentage points to 40 companies based in over-
co Macri, dating from its percent. seas tax havens. q

Argentina’s President Mauricio Macri, left, walks with Spain’s
Prime Minister Mariano Rajoy at the Moncloa Palace in Madrid,
Spain. Macri, who arrived to Argentina’s presidency vowing to
clean up corruption, now finds himself ensnared in scandals of
his own.
(AP Photo/Daniel Ochoa de Olza)

A. CALATRAVA party heading into legisla-
Associated Press tive elections in October.
BUENOS AIRES, Argentina To fend off possible dam-
(AP) — Mauricio Macri, who age, Macri on Wednesday
arrived to Argentina’s presi- announced measures to
dency vowing to clean up avoid any conflicts of inter-
corruption, now finds him- est in his administration and
self ensnared in scandals of urged the country’s politi-
his own. cal class to back his politi-
Federal prosecutors are in- cal and economic reforms.
vestigating at least six cas- “I want everything to be
es involving Macri, some of transparent, so that no-
them the outgrowth of his body doubts the decisions
family’s extensive business I make,” he said.
holdings. Allegations range Macri’s rise to the presiden-
from influence trafficking to cy was propelled in part
money laundering. by weariness at scandals
So far none of the cases enveloping former Presi-
has resulted in charges dent Cristina Fernandez
against the president, and and her family. Fernandez
he denies wrongdoing, but has been indicted in a
they’ve become a head- corruption case involving
ache for his center-right public works, as well in a