Another offshore Panamá company tied to Argentine President Mauricio Macri revealed.

[forest444]

Journalist Hugo Alconada Mon, who testified today before Federal Judge Sebastián Casanello in the Panamá Papers probe, said that during his research “data emerged related to another offshore company tied to the Macri Group” of which he also provided documentation.

The firm, Foxchase Trading SA, was opened in Panamá City on December 23, 2014 - just as Macri was preparing his presidential run - and remains active.

Partnership expert Silvana Martínez, an aide of Congresswoman Margarita Stolbizer and former official of IGJ, said that offshore companies should be declared before the AFIP tax agency if the business has a return. And in the case of directors, “they must be declared if they receive compensations over rendered services.”

Macri failed to do so, even after his swearing-in last December.

Both witnesses testified before Judge Casanello, who is expected to move forward with the case.

At: http://buenosairesherald.com/article/212376/another-alleged-offshore-company-tied-to-macri-revealed

[Judi Lynn]

1. Interesting to see. Guess Macri felt it was no one's business. Hope he'll be shown otherwise. n/t

[forest444]

2. And (wouldn't you know it), they just found another one:

Sideco Americana SA, one of the apparently never-ending string of Panamanian shell companies Macri shares with his father.

This case is particularly damaging because it was just revealed that Macri transferred his 5% stake in an electric company, Yacylec, to this Panamanian account (Sideco) this February 19 - in other words, as President.

https://translate.google.com/translate?hl=en&sl=es&u=http://www.infonews.com/nota/287003/macri-transfirio-acciones-a-una-empresa&prev=search

No wonder he's in such a hurry to railroad Cristina Kirchner.

[Judi Lynn]

3. What a busy family, so industrious! His own dear father has worn his poor chin down to a nub, too!

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This happens so often with fascists. A whole lot of them end up with virtually no chins at all.

I remember hearing about the car business going to Uruguay and back. That took real genius, didn't it? Either genius, or real greed and dishonesty.

This news item popped up stunningly fast. February. Hard to believe, isn't it? Hope his confidence is shattered soon.

Thanks for sharing it.