Amado Boudou, Argentina’s Vice President, was just charged with corruption because of the dealings with a company that ended up printing currency in the country a he was the Minister of Economy in 2010.
Vice President Boudou is going to remain free while he waits for the trial. In the case there are 5 other defendants. Argentina’s federal court system made the news public through an official statement.
The accusation that is brought against the vice president is that of buying Ciccone Calcografica in secret. This is the companyt hat printed the peso currency. The conflict of interest appears as he was also the main economic policymaker of the time.
While Boudou denies all the charges against him, the vice president did carry a minimal public function as the investigations took place.
Argentina is currently faced with many problems that are caused by the government being involved in a trial held in US courts because of the claims made by “holdout” creditors that want full bond repayment with what remained from the 2002 massive sovereign default.