Monday, November 10, 2014

BCRA subpoenas firms, individuals under Criminal Foreign Exchange Regime

The Central Bank (BCRA) has subpoenaed a dozen firms in a probe for alleged violations of the Criminal Foreign Exchange Regime, the official bulletin reported.

In compliance with article 8 of the Criminal Foreign Exchange Regime Law (N° 19,359), the BCRA summoned the companies and individuals who are to comply in the next 10 business days. The Bank warned that if they fail to appear, they will be declared “in contempt.”

The companies subpoenaed are Mar Argentino S.A., Insumarket S.A., Exporpet S.A. and Magycam Gropu S.A., while the individuals have been identified as Roque D'Alleva, David Orlando Rojas, Rogerio Alves Toledo, Juan Alberto Flores, Oscar Alfredo Hernández, Juan Pablo Araya, Abelardo Cesar Tchordoukian, and René Johannes Henricus Maria Kuipers