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Argentina Probes ‘VIP’ Banco Nación Loans to Officials

The case tests ethics rules for finance officials accused of securing fast-track mortgages.

Overview

  • Judicial complaints name 25 officials and lawmakers who received large, quickly approved Banco Nación loans, with Finance Secretary Federico Furiase among those under review by Judge María Eugenia Capuchetti.
  • The government, including Economy Minister Luis Caputo, defends the loans as legal and says an internal audit at the state bank will check how they were granted.
  • El Ancasti details allegations that some applicants bypassed standard checks, including a legislator who secured a loan at the bank’s head office after a branch rejected her due to an embargo and a pending fraud case.
  • In Peru, an explosive device detonated outside Trujillo’s Marista Siglo XXI school near a police base late Friday, and authorities are probing an attack with hallmarks of recent extortion tactics that start with a blast and follow with payment demands.
  • Santa Fe’s Public Security Secretary restricted flags, banners and musical instruments in Colón’s North Popular stand for the club’s next two home matches, as Belgrano’s 1-0 win over Aldosivi eased Newell’s relegation pressure and Newell’s also reinstated defender Fabián Noguera after an internal dispute.