Skanska trial: Verdict in first major Kirchner-era corruption case due Monday
Translated from Spanish, summarized and contextualized by DistantNews.
At a glance
- The verdict in the Skanska corruption case, the first major corruption trial of the Kirchner era, will be announced Monday.
- Around thirty businessmen and former officials, including Julio De Vido and Josรฉ Lรณpez, face charges of bribery and fraud.
- Prosecutors requested five-year prison sentences for De Vido and Lรณpez, alleging a scheme to direct public works contracts.
The Skanska case, Argentina's first major corruption trial stemming from the Kirchner administrations, reaches a critical juncture Monday as Federal Oral Court No. 4 prepares to deliver its verdict. Approximately thirty businessmen and former officials stand accused, including Julio De Vido and Josรฉ Lรณpez, who held top public works positions during that period.
Prosecutors have requested five-year prison sentences for De Vido and Lรณpez, accusing them of orchestrating a large-scale corruption scheme. The alleged plan involved directing contracts for the expansion of two gas pipelines, including the payment of bribes to officials, the use of fraudulent invoices to justify money outflows, and inflated prices for the work awarded to the Swedish company Skanska.
The trial, initiated over two years ago, revisits a complex web of alleged corruption that began nearly two decades ago. Initial suspicions surfaced following a complaint by the Civic Coalition and a report in the Perfil newspaper, which detailed concerns about a network of shell companies potentially used by Skanska to evade taxes or pay bribes.
The works under judicial review involved the expansion of the North and South gas pipelines, a response to increased energy demand after the 2001 crisis. However, the case faced a significant setback in 2011 when the Federal Chamber dismissed and revoked the indictments of several individuals investigated at the time. While Lรณpez and De Vido were not among those initially cleared, many others now facing charges were.
Originally published by La Naciรณn in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.