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forest444

(5,902 posts)
Tue Apr 5, 2016, 09:48 AM Apr 2016

Open Corporates leak: two more offshore accounts in Argentine President Mauricio Macri's name.

Just days after the record Panama Papers leak revealed the existence of a closed Bahamas account under Argentine President Mauricio Macri's name, a second such leak has located two more offshore accounts under his name.

According to Open Corporates - "the largest open database of companies in the world" according to its website - Mauricio Macri appears as founding director and vice president of Kagemusha SA, an offshore company established on May 11, 1981, in Panama. Kagemusha, like Fleg Trading (the Bahamas-based Macri family shell company uncovered in the Panama Papers leak), was established with his father Francisco Macri; but unlike Fleg Trading, which was closed in 2009, Kagemusha remains active.

The term Kagemusha is reminiscent of a 1980 film directed by Japanese filmmaker Akira Kurosawa, which tells the story of a petty criminal who assumes the identity of a dying landlord in order to avoid prosecution and ultimately usurps the man's property. In Japan, Kagemusha is used to denote a "political decoy."

The company, according to information obtained from Open Corporates, was registered by the Panamanian law firm of De La Guardia, Arosemena & Benedetti; Eloy Benedetti, who had an extensive career in Panamanian foreign relations until his death in 2000, is listed as a subscriber and treasurer. The law firm refused to comment.

Open Corporates also listed Macri as director in another offshore company: Latium Investment, which was established in Uruguay (a country known for its bank secrecy laws) and lists Macri's cousin, Jorge Macri, as co-director. Jorge Macri, the Mayor of Vicente López (an upscale Buenos Aires suburb), also refused to comment. The law firm of Kuzniecky & Co., which was listed in the leak as having prepared the shell company for the Macris, denied having done so or that Macri and his cousin have been listed as directors.

A source interviewed by Argentine business daily Ámbito Financiero confirmed the Open Corporates leak, however, adding that the shell company was created "to buy property in Uruguay."

At: https://translate.google.com/translate?hl=en&sl=es&u=http://www.ambito.com/833875-otro-wiki-adelanta-conexiones-con-mas-sociedades-offshore&prev=search

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Open Corporates leak: two more offshore accounts in Argentine President Mauricio Macri's name. (Original Post) forest444 Apr 2016 OP
We want to know what American's are on this list. ViseGrip Apr 2016 #1
Chosing "Kagemusha" for the name of this company is a shrieking insult to ordinary, honest peeps. Judi Lynn Apr 2016 #2

Judi Lynn

(160,515 posts)
2. Chosing "Kagemusha" for the name of this company is a shrieking insult to ordinary, honest peeps.
Tue Apr 5, 2016, 06:44 PM
Apr 2016

It really tells you all you need to know about the Macris, doesn't it? Unbelievable.

They must believe they are beyond the reach of conventional law. Sure hope they can't prove that!

Thank you, so much, for this incredible insights we just would not be able to find on our own without spending more time than we have. It's astounding what these clowns have wrought!

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