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  HOME | Argentina

Supporters Welcome Former President Back to Argentina’s Capital

BUENOS AIRES – Supporters of Cristina Fernandez welcomed the former Argentine president back to Buenos Aires at Jorge Newberry Airport, where she made her first public appearance in two months.

Fernandez, who governed Argentina from 2007 to 2015, had been staying at her house in the southern province of Santa Cruz.

The former head of state arrived in a heavy downpour at around 10:00 p.m. Saturday, addressing her supporters and reporters briefly.

The 63-year-old Fernandez thanked her supporters for welcoming her under such bad weather conditions.

The welcome for Fernandez was organized via social media and drew scores of flag-waving supporters who chanted their support for her.

The former leader’s return trended on Twitter under the hashtag #vuelveCFK, with thousands of users posting comments on her return to the capital.

Fernandez was driven from the airport to her house in the Recoleta district, where hundreds of supporters greeted her.

The former president retired to her house in Rio Gallegos, the capital of Santa Cruz, after leaving office last December.

In May, a judge authorized charges against Fernandez in a case involving alleged irregularities in dollar futures contracts entered into by the Central Bank during her administration.

Judge Claudio Bonadio approved the indictments of Fernandez, former Economy Minister Axel Kiciloff, erstwhile Central Bank chief Alejandro Vanoli and 12 others.

The original criminal complaint was brought in November 2015, Fernandez’s last full month in office, by members of current President Mauricio Macri’s Cambiemos coalition.

The complainants alleged that the Central Bank was selling dollar futures at below-market rates to prop up the Argentine currency, pointing, for example, to March 2016 contracts that valued the national currency at 10.65 pesos even though at the time the exchange rate in New York was around 14 pesos per greenback for similar transactions.

Bonadio said the transactions resulted in a loss to the Central Bank of 1.55 billion pesos ($105.5 million) and Fernandez and the other senior officials should be held accountable.

 

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