Santiago Bausili will be the president of the BCRA

Santiago Bausili will be the president of the BCRA

Luis Caputo said that he has “the almost complete team”

Javier Milei made a strong bet for the Ministry of Economy: summoned the former Minister of Finance of Mauricio Macri, Luis Caputoto take charge of the fiscal adjustment of his first months in office. In this context, both economists held a meeting in the La Libertad Avanza bunkerin it Hotel Libertadortogether with the team of advisors Caputo.

“Lor we do for all Argentines. It is a huge effort because everyone we know the inheritance we are receiving which, as the president says, is the worst in history“, was one of the assessments that the future minister made and promised that “we are going to give up life to do things well for everyone.”

The meetings and the plan come in handy“Caputo summarized and assured that “the entire team is working full time, everyone making an enormous effort so that everything is communicated in the best possible way. “We are going to need time.” In that context, he said that “almost the entire team is complete“.

Federico Furiase Martín Vauthier Santiago Bausili

Federico Furiase, Martín Vauthier and Santiago Bausili, part of Luis Caputo’s consulting firm who will be part of the Government, enter the Hotel Libertador.

Photo: NA.

Santiago Bausili will be head of the Central Bank

Santiago Bausili will be the president of the Central Bank of the Argentine Republic (BCRA). The announcement comes on the same day that the Federal Chamberthrough the resolutions of judges Martín Irurzun and Eduardo Farah – with the dissent of Roberto Boico – revoked his prosecution. Bausili was defended by the criminal lawyer Matías Cúneo Libarona, brother and part of the studio Mariano Cúneo Liberaonafuture Minister of Justice of Javier Milei.

Santiago Bausili He is Caputo’s partner and friend. He was finance secretary in the period 2017-2019, during the presidency of Mauricio Macri. He worked 11 years in JPMorgan and 9 years in Deutsche Bankin NY, and specialized in capital market financing and financial risk management. His ideals, opposed to that of a dollarizationwould cause the impossibility of changing the national currency in the short term.

Precisely his years in Deutsche Bank They are the ones that caused him to be prosecuted in 2021 by the federal judge Sebastian Casanello under the cover “negotiations incompatible with the exercise of public office”. Bausilisduring his management as finance secretaryhired the services of Deutsche Bank as placement manager external debt bondscausing compensation for 8.4 million dollars. At the same time, an embargo was ordered for $10 million to Bausilis.

That ruling was overturned by the judges Martín Irurzun and Eduardo Farahwho understood that there were not sufficient elements to dictate a prosecution and requested Casanello continue the investigation. In 2023, the federal judge relied on reports from the Office of Administrative Investigations (PIA) to return to prosecute Santiago Bausili.

Santiago Bausili Luis Caputo

Santiago Bausili and Luis Caputo.

Santiago Bausili and Luis Caputo.

However, three months later, the same judges Irurzun and Farah They once again considered that there was not a sufficient accusatory framework to support the prosecution of the former Secretary of Finance and they acquitted him again. The dissenting statement, by the chambermaid Roberto Boicomaintains that the evidence presented by Casanello “updates the finding of the deviation of the will of the Public Administration, thus confirming the interest evidenced by it in favor of Deutsche Bank, entity to which he was linked both personally – based on the relationship he maintained with its executives – and economically – given the shareholding that extended until August 2018 -.”

Source: Ambito

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