Properties in the spotlight: 20 assets of Cristina, Máximo, and Florencia Kirchner targeted for judicial seizure
Translated from Spanish, summarized and contextualized by DistantNews.
At a glance
- Argentina's Supreme Court confirmed a R$685 billion fine for those convicted in the "Vialidad" case, requiring the Kirchner family to forfeit 20 assets.
- Most of these assets (19) were inherited by Máximo and Florencia Kirchner after their father Néstor Kirchner's death, with one property belonging to Cristina Kirchner.
- The court's decision is pending a final ruling on whether inherited assets can be seized, as defenses argue some properties lack direct traceability to the alleged crime.
The Argentine judiciary is targeting 20 properties belonging to Cristina Kirchner and her children, Máximo and Florencia, as part of a R$685 billion fine related to the "Vialidad" (Roadworks) corruption case. The Supreme Court's confirmation of the forfeiture amount has initiated the process of identifying assets to cover the global compensation.
According to court records, 19 of the targeted properties were inherited by Máximo and Florencia Kirchner following the death of their father, former President Néstor Kirchner, in 2011. The remaining asset is a 6,000-square-meter plot of land in El Calafate, Santa Cruz, registered under the name of Cristina Kirchner, the national leader of the PJ party. Notably, the apartment where Cristina Kirchner is currently under house arrest is not among the assets slated for forfeiture in this specific case.
The "Hotel Los Sauces," a historic family property in El Calafate, was transferred to Máximo and Florencia Kirchner as part of their inheritance after their father's passing. This property is among the 19 that the siblings could potentially lose if the judiciary proceeds with the seizure, pending a final ruling from the Supreme Court.
In total, the forfeiture order encompasses 111 properties. Of these, 84 belong to Lázaro Báez, identified as the primary beneficiary of the alleged public works direccionamiento. Nineteen are linked to Máximo and Florencia Kirchner, including the "Hotel Los Sauces," and one belongs to Cristina Kirchner, a plot acquired in 2007. The remaining properties are associated with other convicted individuals.
During the legal proceedings, the defense teams have sought to limit the scope of the forfeiture, questioning the inclusion of assets without "direct traceability" to the crime. A key argument from the Kirchner family is that some properties were acquired before Néstor and Cristina Kirchner held the presidency. However, another list includes 10 apartments on Mitre street in Río Gallegos, acquired in 2007, along with other properties in the same city and Lago Argentino, Santa Cruz province, which were transferred to their children and are not currently part of this specific forfeiture process.
Originally published by La Nación in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.