Argentina seeks to Judge Loretta Preska block the complaint of an NGO

Argentina seeks to Judge Loretta Preska block the complaint of an NGO

In a letter filed before the Court of Appeals of the Second Circuit, the country reiterated its willingness to investigate the entry of the Eskenazi to the oil company. If it is proved that there was cover -up, it could advance with new actions.

The government promised to collaborate with the United States justice in the case YPF, in the midst of suspicions of corruption about the entry of the Eskenazi. If it is confirmed that they hid evidence, Argentina could request the nullity of the failure.

In the midst of one of the most important judicial disputes in recent years, the Government presented a key letter before the Court of Appeals of the Second Circuit of the United States. The presentation responds to the appeal filed by the organization Republican Action for Argentina (RA4ARG)which seeks to intervene in the millionaire trial for the expropriation of YPF. In the document, Argentina ratified its willingness to collaborate with American justice in the face of the suspicions of corruption that surround the entry of the Eskenazi group into the oil company.

The YPF cause, which faces the national state with the funds Burford Capital and Eton Parkalready had an adverse failure in the first instance. The New York judge Loretta Preska He condemned Argentina to pay more than US $ 16,000 million for the nationalization of the company in 2012. However, the country appealed and awaits a definition of the Second Instance Court. In parallel, different derivations of the case continue to generate political and judicial tension.

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Judge Loretta Preska of New York.

Judge Loretta Preska of New York.

Support for corruption research

In his brief, the Argentine State requested that the appeal of Ra4arg be processed separately from its own appeal against the Preska ruling. He argued that both claims address different legal issues: while the government discusses the bottom of the case, Ra4arg insists that he unduly denied the right to intervene as a third party.

But the most striking of the text was the explicit pronouncement of the national government about corruption allegations linked to the purchase of YPF actions by the Eskenazi group during the Kirchner governments. The brief affirms that Argentina “seriously takes all complaints of corruption” and was “open to collaborate with an investigation by the United States Department of Justice” on that point.

The entry of the Eskenazi to YPF was subject to multiple controversies and, according to the official presentation, if it was confirmed that entrepreneurs hid evidence or provided false testimony during the judicial process, Argentina could initiate actions to annul the Pruka judgment.

Cross causes and judicial times

The suspicions about the role of the Eskenazi group in the YPF entry operation are already mentioned in other relevant judicial causes in Argentina, as in the “road” file, in which the former president Cristina Fernández de Kirchner was condemned. The possible connection between the facts investigated in the Argentine courts and the case that processes in the United States could have an impact on the outcome of the millionaire litigation.

For now, the NGO RA4ARG now has a period of 21 days to respond to the arguments made by both Argentina and the demanding fund. Independently, a request from the same organization is also pending resolution to suspend the audience of the background appeal of the Petersen case, scheduled by the end of October.

The Second Circuit Chamber of Appeals would resolve in the next few days if it makes room for that application, which could alter the calendar of the process.

Source: Ambito

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