Lázaro Báez court reiterates US $ 850,000 repatriation request filed in Switzerland

Federal Court 4 (TOF 4), which judges Lazaro Báez and his children for money laundering has reiterated to Switzerland a request for freezing and repatriation of 850 000 USD discovered at Banco Lombard Ordier from this country, to an account in the name of the company Tyndall Limited Inc, managed by the accountant and the lawyer of the businessman of Patagonia, and whose final beneficiaries are his children.

The order was originally made by Federal Court No. 7, Sebastian Casanello August 12, 2016. Infobae He knew that the new mandate sent by the TOF 4 to the Ministry of Foreign Affairs had been translated last Wednesday by the Federal Office of Justice of the Swiss Confederation. The deadline for his arrival in this country was due today.

With the signature of Judge Nestor Costabel, Repatriation of funds was also requested deposited on the account No. 511481 of Tyndall Limited Inc in this Swiss bank, in order to be filed with the order of the TOF on an account of the National Bank named "30172013 Causa Báez".

The mandate states that Tyndall Limited is chaired by Báez's accountant, Daniel Perez Gadinand as secretary of the businessman's lawyer, Jorge Chueco. It is also mentioned that, according to the documentation relating to the opening of the account, it seems to possess a credit card that "Supplement for Martín and Luciana Báez"All the people mentioned, with the exception of Lazaro's eldest daughter, are currently imprisoned in Ezeiza prison for the cause of" Ruta del dinero K ".

Tyndall had also opened another account (# 608743) at Safra Sarasin Bank on July 19, 2012, again with the signing of Pérez Gadín y Chueco, who had final beneficiaries of the Kinsky Foundation and the four children of the employer: besides Martin and Lucian, the two miners, Leandro and Melina.

This account – deregistered May 5, 2013 – has received signatures accreditations SGI Argentina SA and Marketing and logistics SAand since there was a transfer of $ 5,646,331 to another Kinsky Foundation account in Geneva, Switzerland, who in turn had the children of Báez as final beneficiaries.

In the grounds of the request, the Court mentions the oral trial which is taking place since last October against 25 accused related to Báez, for his participation in "a structure that channeled funds of illicit origin provided by Lázaro Antonio Báez, either in the process of expatriation – or partial repatriation – of a sum of nearly $ 60 million and / or by the through the acquisition of goods and services"

According to the charge contained in the oral trial that is taking place in the courts of Comodoro Py, "financial engineering was planned for the millionaire money launderer, headed by Lázaro Antonio Báez". In this context, the TOF 4 recalls that privileges were established against those involved in the trial of up to 10,500,000 pesos.

Frozen funds in the Bahamas

According to what has been detected by the Financial Information Unit (FIU) of Switzerland they were transferred to an account in the name of "Kinki SA" in the Bahamas, for an amount of 10.4 million USD, of which 5.5 million USD would have been "stolen". This money movement earned him, at the request of the prosecutor Abel Córdoba, the TOF 4 organized the arrest of Martín Báez.

TOF 4 has requested a freeze of nearly USD 4 million from the CBH LDT Bahamas Bank on behalf of Eastern Shoreline Limited, whose final beneficiaries would be the four children of Báez. The embargo has been specified by the local authorities.

At present, the Court and the Prosecutor of Cordoba await the outcome of the hearing held on March 8 in the Bahamas Court to respond to the request of Lázaro and Martín's lawyers. Be sure to lift the embargo on these funds.

The lawyers hired in this country have argued that there is a "political persecution" against Báez and – according to Infobae from judicial sources- They claimed leaks to the press of the process in the Bahamas. Due to this request, the result of this hearing has not yet been disclosed.

In dialogue with this media, Victor Hortel, the lawyer of his father and his son in Buenos Aires, said that "These movements of funds took place before Martín (Báez) was prosecuted and precautionary measures ordered on the funds"

According to the CRF report, CBH LDT's bank account in the Bahamas recorded bank movements in dollars until August 2, 2018 and in euros until July 17, 2018, by which time all Báez saw their funds blocked and seized. merchandise