Thursday, August 14, 2014

CFK links Donnelley with vultures, seeks to apply anti-terrorism laws

“With me as President, they will not see us on our knees”, President Cristina Fernández de Kirchner assured. (TÉLAM)

President Cristina Fernández has instructed the application of the anti-terrorist law for the first time against Donnelley, a printing company allegedly funded by a number of so-called vulture funds linked to Elliott Management head Paul Singer.

“We will apply the anti-terrorist law. We filled a motion under charges of alterating the economic and financial order and terrorising of people,” the head of state expressed after blaming Donnelly with tax fraud and evasion.

According to the President, the company was composed of several associates, some of them with ‘vulture’ origin.

The President answered Aurelius Capital Management's claim from yesterday, who argued “the worst is still to come” for the country, following stalled negotiation with private banks in an attempt to buy Argentine defaulted bonds.

“It is a threat to all Argentines and we will take note of this,” Fernández de Kirchner warned.

“With me as President, they will not see us on our knees”, she added.

The head of state revealed a new shield gas field in Neuquén province, next to Mendoza’s border, the third discovery since the nationalization of YPF Oil Company from Spanish Repsol.

Cabinet Chief, Jorge Capitanich and Economy Minister Axel Kicillof were present at the event, among other distinguished guest such as San Juan Governor, Luis Gioja, and of AFIP Federal Tax Office Ricardo Echegaray.

CFK spoke at the launch of 'Living Closer', a housing plan which the head of state asserted would create "more than 100,000 jobs directly, and 160,000 indirectly."