Buenos Aires, Dec 3 (NA) - The Supreme Court has formally initiated the process of incorporating over $60 million and seized real estate into the state. The assets belong to Lázaro Báez and his son Martín, in the case known as "the K-money route".
In a letter addressed to the judge of Oral Federal Court 4, Néstor Costabel, the General Director of Internal Management and Infrastructure of the Court, Sergio Romero, notified that the confiscation and final adjudication of funds obtained from auctions, as well as the registration of the properties under the Supreme Court's title, have been ordered.
According to the sentence handed down by the TOF in April 2021 and confirmed by Casación in 2023, the total amount confiscated reaches USD 61,130,860.86, plus $4,174,697, the latter figure being adjustable according to the INDEC's consumer price index.
In this context, Romero requested the TOF 4 to transfer the money to two accounts of the highest court and to send all documentation related to the auctions held in case file 3017/2013/TO2/14, as reported by the Argentine News Agency.
On May 29, 2025, the Supreme Court, with the votes of Justices Rosatti, Rosenkrantz, and Lorenzetti, declared the defense's inadmissible, leaving the convictions and confiscations firm, which enabled the effective execution of the assets.
In parallel, the Executive Branch had created by decree the Council of Recovered Assets, under the orbit of the Ministry of Justice, to manage these assets. However, last October, Judge Pablo Cayssials issued a precautionary measure that stopped its application, considering that the norm affects judicial independence.
The magistrate's ruling considered that the decree "comprehensively alters the system for managing assets of illicit origin" and directly impacts the structure of the Judicial Power, violating its autonomy and budgetary autonomy.
