Alberto Fernandez, Argentina's former President, is ordered to stand trial for corruption linked to public sector insurance policies from 2019 to 2023. He is accused of fraud for using brokers, one connected to his personal secretary. A decree by Fernandez mandated exclusive contracts with Nacion Seguros SA, benefitting a friend and significantly boosting the company's growth. The court has frozen approximately $10 million of Fernandez's assets as the legal case progresses, which includes scrutiny of 33 other individuals. The investigation was sparked by prior assault claims against him, leading to further examination of related communications.
Argentina's former President, Alberto Fernandez, faces trial for alleged corruption involving insurance policies secured through a broker married to his personal secretary.
During his presidency, Fernandez issued a decree mandating public sector contracts with Nacion Seguros SA, enriching the company led by a friend.
Fernandez's situation worsened when a court examined his secretary's phone in a separate case, revealing connections to the alleged corruption.
The court has frozen around $10 million of Fernandez's assets as the legal proceedings continue, involving potentially 34 other individuals in the case.
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