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  • Former Argentine President Cristina Fernandez charged with money laundering.

    Former Argentine President Cristina Fernandez charged with money laundering. | Photo: Reuters

Published 9 April 2016

Cristina Fernandez, has been charged by a prosecutor with money laundering, according to Argentine prosecutors.

Argentine Prosecutor Guillermo Marijuán filed money laundering charges against the former President Cristina Fernandez on Saturday, following testimony from suspects in an ongoing investigation into an alleged money laundering scandal. 

The decision follows testimony on Friday by businessman Leonardo Farina, who in a plea bargain implicated Fernandez and her late husband and former President Nestor Kirchner in a case related to money laundering and embezzling funds earmarked for public works.

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Julio De Vido, a long time Fernandez and Kirchner ally and former minister, was also charged, local newspapers Clarin and La Nacion reported, citing judicial sources.

Last Tuesday, another Fernandez ally, businessman Lazaro Baez, was arrested for questioning as part of the same investigation.

Fernandez, 63, is due to answer questions in court on Wednesday over a separate probe into the sale of U.S. dollar futures contracts at below-market rates by the central bank during her administration.

Fernandez, a leftist leader from the Peronist party, was barred constitutionally from seeking a third consecutive term. Opposition candidate Mauricio Macri won the November election, markings a radical departure from the social, economic and foreign policy from his predecessor Cristina Fernandez.

WATCH: Argentina: Huge Crowd Bids Farewell to Fernandez 





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