Argentine court orders seizure of former president Kirchner’s assets

(Reuters) – An Argentine appeals court ‌confirmed a lower court decision and upheld the order to confiscate assets of former Argentine president Cristina Kirchner as part of a corruption conviction for which she is serving a six-year sentence, local newspaper La Nación reported this Friday.

A court had ordered Kirchner and others convicted in the case to pay about $500 million in damages, a decision questioned by Kirchner’s lawyers.

Last June, Argentina’s Supreme Court banned the former president from holding public office, and upheld her 2022 prison sentence for a fraud scheme involving the steering of public road works projects in Patagonia to a close ally while she was president.

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Kirchner is serving his sentence under house arrest, in his apartment in Buenos Aires, from where he continues to lead his Peronist Justicialist party.

Kirchner transferred ​several properties ⁠to his children in an advance on ⁠his inheritance, according to La Nación. Among them are hotels and apartments in southern Argentina.

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