Another Menem Scandal? Shocker.
Reading this AP article from yesterday, I had the predictable yawn reaction Yeah, yeah, ex-President Menem barred from leaving Argentina for suspicion of selling arms to Croatia and Ecuador, blah blah blah, the usual. Then I hit this:
Not "all of Menem's" assets, but rather $112 million of them. As if it's but a part. How do you get $112 million working as a politician. Good horse bets? Smart investing choices? Luck in the lottery? Seriously, if there's anybody left in Argentina (or the world) who doesn't believe the ex-prez was skimming...Federal Judge Rafael Caputo also ordered that US$112 million (€82 million) of Menem's assets be frozen as he investigates the allegations of illegal weapons deals during Menem's presidency...
posted by Ian @ 11:37 AM
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When judges in Argentina order to freeze someone's assets, they do it based on the amount of money being investigated rather on the assets of the accused. In the Cromagnon case they froze Callejero's assets for 10 million pesos (or something like that), whereas it is known that their main asset is at best few hundred CD's.
Menem has been extensively investigated and they have been unable to discover anything other than his account in Switzerland. Not that I'm saying he is an honest guy, but the point is that even though there is corruption in Argentina, it isn't like the Philippines (remember Marcos?) or Africa.
Cheers!
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