Uruguay Extends Precautionary Measures Against Conexión Ganadera Founders

A Uruguayan court has extended precautionary measures against the founders of the agricultural company Conexión Ganadera for another 180 days, ensuring the measures will remain in effect until at least February 5, 2027. The individuals facing these measures are Pablo Carrasco, Ana Iewdiukow, and Daniela Cabral, the widow of Gustavo Basso, who died in a traffic accident before being formally charged.

Pablo Carrasco has been charged with fraud and money laundering and is currently in preventive detention. Prosecutors allege he continued to sign contracts and accept funds despite knowing the company's deteriorating financial state. Ana Iewdiukow was initially charged with fraud and later with money laundering. The investigation has identified over two million euros in transfers to Spain, with more than one million allegedly used to purchase an apartment in Madrid.

Daniela Cabral faces fraud charges and is under house arrest. Her defense argues she was a "formal partner" but that Basso managed the finances, questioning her sole responsibility. The Specialized Prosecutor's Office for Asset Laundering, led by Enrique Rodríguez, is tasked with determining if other individuals were involved, reconstructing the money's destination, and establishing whether family members, employees, or third parties participated in the alleged fraud or received illicit assets.

In parallel, a bankruptcy proceeding will determine if the insolvency was accidental or culpable, and if administrators or third parties contributed to its occurrence or worsening. If declared culpable, the court may order individuals to return assets or be held liable with their own assets. Lawyers for the victims are also considering legal action against the state, following a preliminary ruling that partially favored investors in a similar case against the Central Bank and the Ministry of Livestock.