Kirchner Assets Seized: Argentina ‘Roads’ Case

by Mark Thompson

Argentine Court Orders Confiscation of Cristina Fernández de Kirchner’s Assets

Argentina’s justice system has moved to seize assets and funds belonging to former President Cristina Fernández de Kirchner, currently serving a six-year house arrest sentence in the “Roads” case. The ruling, delivered by the federal Criminal Oral Court 2 of Buenos Aires on November 19, 2025, aims to recover funds deemed “profits of crime” and repair damage to the state.

Did you know? – Argentina has a history of high-profile corruption cases involving former presidents and government officials. This case is one of the most notable in recent years, due to the amount of money involved and the prominence of the defendant.

Kirchner Family Faces Asset Seizure

the court has ordered the retention of properties and nearly $480,000 linked to the Kirchner-Fernández family. Specifically, 20 properties will be lost – one registered in the name of the former president and 19 inherited by her children, Máximo and Florencia Kirchner. The decision also extends to the confiscation of assets belonging to other convicted individuals in the case, including former Minister of Federal Planning Julio De Vido and businessman Lázaro Báez.

The judicial decision mandates the registration of the sentence with the relevant Property Registries to immobilize the assets until the sentence becomes final. this measure ensures the assets remain unavailable for transfer or sale during the appeals process.

Pro tip: – Asset confiscation is a legal process where the government takes property acquired through illegal activities. It’s a key tool in combating financial crime and recovering stolen funds.

The ‘roads’ Case and Previous Conviction

The ‘Roads’ case, which reached trial in 2019, culminated in a December 2022 conviction for Cristina Fernández on charges of fraudulent management to the detriment of the state. This sentence was upheld by the Supreme Court of argentina on June 17th. Currently,the former president is serving her sentence at her home in the Recoleta neighborhood of Buenos Aires and is perpetually disqualified from holding public office.

According to court justification,the confiscated funds and assets “constitute the profit of the crime,” and their recovery is essential to rectify the financial harm inflicted upon the argentine state.

DW Español reported on the ruling via X (formerly Twitter):

Argentina : They order the confiscation of Cristina Fernández’s assets

The Federal Oral Court 2 resolved to seize 20 properties from the Kirchner family to cover a total of 480 million dollars. (gs)https://t.co/6vLEns7spm

the ongoing legal proceedings underscore the Argentine justice system’s commitment to pursuing accountability in high-profile corruption cases and recovering illicitly obtained wealth. The confiscation of these assets represents a significant step in that effort, signaling a firm stance against financial crimes committed during kirchner’s administration.

Reader question: – Do you think asset confiscation is an effective deterrent against corruption? What other measures could be taken to combat financial crimes?

Expanded News Report:

Why: The Argentine justice system ordered the confiscation of assets belonging to former President Cristina Fernández de Kirchner and members of her family to recover funds obtained through illicit means. the court resolute these funds represent the “profits of crime” stemming from a corruption scheme.

who: The key figures involved are Cristina Fernández de Kirchner, currently under house arrest; her children, Máximo and Florencia Kirchner, whose inherited properties are also being seized; former minister of Federal Planning Julio De Vido; businessman Lázaro Báez; and the Federal Criminal Oral Court 2 of Buenos Aires, which issued the ruling.

What: The court has ordered the seizure of 20 properties linked to the Kirchner family, totaling nearly $480,000 in value. This action is a direct result of the “Roads” case conviction.

You may also like

Leave a Comment