He also charged all the executives with the crime of fraud as co-author against the collectors from whom he received grains until the moment of declaring themselves in financial stress and subsequent cessation of payments, according to Santa Fe judicial sources.
The 14 defendants are Daniel Nestor Buyatti (President of Vicentin), Alberto Julian Macua (vice president), Roberto Alejandro Gazze (CFO), Máximo Javier Padoan, Cristián Andrés Padoan, Martín Sebastián Colombo, Sergio Roberto Vicentin, Pedro Germán Vicentin, Roberto Oscar Vicentin and Yanina Colomba Boschi, Raul González Arcelus, Omar Adolfo Scarel (trustee) and Miguel Vallazza.
Buyatti was also personally charged with the crime of misappropriation of taxes, and along with the rest of the directors, he received the accusation for the crime of fraud against the Macro desk, one of the local financial institutions affected by Vicentin’s maneuvers, together with the banks Nation and Province of Buenos Aires.
The judge who intervenes in the case, Román Lanzón, will have to decide the day after tomorrow whether to order the preventive detention of some executives, a measure that will be requested by the prosecutor with the understanding that they can influence to alter the process, or if he accepts the offer of bail offered by the company for a sum of US $ 5 million.
At the conclusion of the hearing, prosecutor Moreno indicated that “Although the penalty contemplated for fraud is six years, due to the accumulation of crimes charged we are in a position to request the maximum penalty, which is up to 50 years.”
The defendants are credited with having prepared, approved and used the annual balance sheets as of October 2017 and October 2018, which contained false financial information consisting of hiding the true liabilities of the company.
The quarterly reports they presented to international banks showed an apparent solid financial situation for Vicentin. “In order to hide its financial economic reality, deceive financial institutions”.
Prosecutor Moreno defined Vicentin’s maneuvers as “a staging of a solvent and reliable company”, in order to generate confidence in producers, grain sellers, stockpiles, cooperatives and brokers, “who, deceived, delivered tons of grain under the modality of contracts with a price to be fixed, with the full knowledge of the directors and trustees of the impossibility of fulfilling the obligations assumed ”.
David William is a talented author who has made a name for himself in the world of writing. He is a professional author who writes on a wide range of topics, from general interest to opinion news. David is currently working as a writer at 24 hours worlds where he brings his unique perspective and in-depth research to his articles, making them both informative and engaging.
