Friday, July 4, 2014

Capitanich: 'US judiciary is not independent from vulture funds'

Cabinet Chief Jorge Capitanich came on stage today to say that “considering a technical default is a manoeuvre from the New York judge but not from the Argentine Republic.”

“The truth is the US judicial power may be as independent as it says it is but it’s not independent from vulture funds if a judge seeks with a ruling to violate a contract between parties,” he fired during his daily speech at the Government House.

He added that “we should be worried if that is the judicial system which provides juridical security and confidence to investors.” “Investors should look to that power with rigour,” he stated.

He avoided making comments about a meeting scheduled for next Monday between an Argentine mission and the special master appointed by Thomas Griesa, Daniel Pollack.