Buenos Aires, November 18 (NA) — The Supreme Court of Justice will be in charge of administering and auctioning the seized assets of former President Cristina Kirchner. This was learned by the Argentine News Agency from judicial sources, following the decision of the Federal Oral Court 2 (TOF2) to seize the assets of the former head of state. TOF2 requested this Tuesday the seizure of the former president's assets, who is serving a six-year house arrest sentence, along with those of other convicted individuals in the case. The measure, ordered after the sentence handed down in December 2022 was upheld in June of this year, affects 122 real estate properties identified by the Public Prosecutor's Office as instruments or products of the crime, or as assets acquired during the period in which the fraudulent scheme was carried out, between May 2003 and December 2015. The original amount set for forfeiture was 84.835 million pesos, but it was updated to 684.990 million pesos by accounting experts, based on technical criteria ratified by the Supreme Court of Justice. Due to the non-compliance by the convicted, the court ordered its execution through the sale of the identified assets. Among the seized assets are properties of Lázaro Báez and companies linked to his business group, such as Austral Construcciones, Kank y Costilla and Loscalzo y Del Curto, as well as land, hotels, and apartments in Santa Cruz, Buenos Aires, and the Autonomous City of Buenos Aires. It also includes a property in the name of Cristina Fernández de Kirchner and a set of assets ceded to her children, Máximo and Florencia Kirchner.
