From the Field
Argentina ex-minister charged with corruption
BUENOS AIRES, April 4, 2018 – Former Minister of Planning and Public Investment Julio De Vido was charged with corruption in a case involving deals made with Brazilian conglomerate Odebrecht.
De Vido, who served in the administration of former President Cristina Fernández de Kirchner between 2003 and 2015, allegedly took bribes in exchange for granting Odebrecht contracts totalling USD 2.3 billion. The contracts in question are related to the construction of natural gas infrastructure. De Vido could spend up to six years in prison if convicted on these charges.
Magistrate Daniel Rafecas said De Vido oversaw rigged bidding processes intended to grant contracts to Odebrecht for pipeline work between 2006 and 2008.
Odebrecht had previously admitted to paying USD 35 million in bribes in Argentina for various favours.
The former minister is also embroiled in an embezzlement case involving a Patagonian coal mine.