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Weekly Report - 09 August 2018 (WR-18-31)

ARGENTINA: Fernández in eye of corruption storm

A corruption scandal broke over the course of the last week that could put paid to any hope former president Cristina Fernández (2007-2015) has of seeking a third term in office in October 2019. Fernández, and her late husband and predecessor Néstor Kirchner (2003-2007), allegedly presided over a corruption network involving scores of businessmen and illicit payments linked to public works contracts. The whole scandal ought to be a boon for President Mauricio Macri, diverting attention away from his government’s economic travails. To an extent it is but Macri has not emerged unscathed. His cousin, who inherited the business empire of Macri’s father Franco, has admitted to involvement in what looks like Argentina’s own version of the Lava Jato scandal, which began in Brazil and went regional.

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