The opposition has managed to push for the “Libra Gate” to once again be the center of attention on the agenda of the Chamber of Deputies this week. Two consecutive committee meetings will be held to address a series of projects, including the creation of an investigative committee that seeks to examine the political responsibility of President Javier Milei and other government officials in the crypto scam.
During the last session, with 134 votes in favor and 94 against, the motion was approved for the file to be discussed in the plenary of committees next Tuesday, March 18, and a second meeting to be held on Wednesday, March 19. Despite the attempts of “La Libertad Avanza,” the PRO, and the UCR to obstruct the process, they failed in their attempts.
Interestingly, the UCR’s resignation to investigate Milei and his inner circle for corruption was countered by positive votes from some deputies considered “dissident officials.” Among the next steps is the ruling of the investigative committee, as well as requests for reports and interrogations of various officials involved in the Libra scandal.
The events that triggered the “cryptogate” date back to February 14, when Milei recommended through a tweet to invest in the cryptocurrency Libra. The president's public endorsement caused an exponential increase in its price, resulting in significant losses for many investors. This event generated hundreds of complaints and suspicions of corruption, with accusations against Karina Milei, the president's sister, for allegedly coordinating meetings and contacts with businessmen related to Libra.
Karina Milei is pointed out as part of an alleged corrupt system that would involve influence peddling and bribery, by facilitating key meetings and contacts for the launch of the cryptocurrency. If investigations and requests for reports and interrogations proceed, it is expected to shed more light on this financial scandal that has shaken the political arena in Argentina.
