Court Upholds Confiscation of Former Argentina President's Assets

An appellate court in Argentina has affirmed a lower court's ruling to confiscate assets belonging to ex-President Cristina Kirchner in connection with a corruption conviction, according to local newspaper La Nacion. Kirchner is serving a six-year sentence and her appeal for dismissal of the order was denied.

In June, Argentina's Supreme Court barred the two-term former president from holding public office, validating her 2022 prison sentence for orchestrating a fraud scheme that misallocated public road work projects in Patagonia to an ally during her presidency. Despite a house arrest, Kirchner remains active in the political arena, leading her Peronist Justicialista party from her Buenos Aires apartment.

Additionally, Kirchner has transferred several properties, including hotels and apartments in southern Argentina, to her children as an advance on their inheritance.

(With inputs from agencies.)