The Heroic Escape: Milei’s Controversial Speech on Money Laundering and Tax Evasion

The Heroic Escape: Milei’s Controversial Speech on Money Laundering and Tax Evasion

2024-04-23 03:01:00

“He who escapes is a hero,” encouraged Javier Milei at the Llao Llao Forum, before a hundred businessmen. “It doesn’t matter where the money comes from,” he redoubled. What is notable for the President is that whoever leaks money manages to “escape from the clutches of the State.” The phrase went around the Argentine and world news portals, and left a fairly obvious question floating: Does Milei call for committing crimes? Does he himself act once morest the law? That is what at least former federal chambermaid Eduardo Freiler thinks, who filed a complaint in the Comodoro Py courts, where he pointed out that the president’s “speech” involves apologizing and instigating the crimes of money laundering, tax evasion and violation of the penal exchange regime. Furthermore, the former judge maintains that due to his position Milei would incur in breach of the duties of a public official and violation of the Public Ethics Law.

Milei once once more deployed his diatribe once morest what he calls “politicians’ jobs”, as if the business community were its neat counterpart. She told the businessmen that what the State took for “parasitic activities” and which – she alleges – increased the fiscal deficit, is now for them “for productive investments.” Obviously, whatever the President thinks would not be for the benefit of the people, but rather for businessmen to take money abroad, or run businesses from abroad, all with their support to violate local regulations.

Some of the businessmen who were at the meeting, such as Marcos Galperín, owner of Mercado Libre, receive tax benefits from the State, in his case for more than 100 million dollars annually. Milei hugged him, with Eduardo Elsztain, owner of the IRSA group, with the owners of Globant, Martín Migoya and Guibert Englebienne, with Cristiano Ratazzi (former Fiat) and many others. The majority of the so-called “Unicorns” are not exactly referents of the productive sector or linked to consumption, but rather to services. In that vein, the President said there that businessmen are the ones who “have to move the country forward.”

The complaint

Milei’s complete sentence began with a complaint regarding capital controls, “then whoever flees,” he said, “is a criminal.” For him, however, “he is a hero.”

“He who escapes is a hero, it doesn’t matter where the money comes from, that is, he managed to escape from the clutches of the State. You laugh but that’s how I see it,” said the President of the Nation. “Let’s say, what would you recommend to Your client, I say, now I put on the economist’s suit: buy dollars. Then it appears as a leak. And the truth is that if they buy it in black, the better because then they don’t have to pay a lot of stupid taxes. To finance those who raise their hands and do it like a fool. To finance those useless people? The phrase says ‘a thief who steals from another thief is forgiven for 100 years’. I mean, with what Argentine politicians have stolen, we have eternity. won.”

Freiler’s presentation, which fell to Judge Julián Ercolini, points out:

* Milei “sought to idealize criminal activities such as capital flight, tax evasion, currency laundering regulated by Law 26,683, the violation of the Criminal Exchange Regime Law 19,359 and the exchange “traps”, regulated by the Circular of the Central Bank of the Argentine Republic A7340 and General Resolutions RG-981/984 and RG-959″. That is, she would be encouraging the violation of all those current regulations.

* All of this, Freiler suggests, would lead Milei to “incur in the crimes of noncompliance with the duties of a public official; violation of Law 25,188 of Public Ethics; instigation to commit crimes; in addition to apologizing for a crime (for proclaim the commission of the crimes of embezzlement of public funds; Money Laundering and violation of the Criminal Exchange Regime).

“Given the tenor of the statements, the vehemence with which they were expressed, their massive dissemination, the social context and the highest authority of the speaker clearly endangers the legal good that this norm tries to protect: public order!” he warns. the complaint. “No one like the President of the Nation himself can undermine tranquility and public order by empowering actions that are democratically imposed as criminal. The social commotion that his statements generate are of catastrophic projections within the framework of the economic instability suffered by the country and the Argentine people, added to the institutional disintegration that the presidential statements entail,” he adds.

Coherence

“Leakage” money is nothing other than using mechanisms that affect state assets. It is promoting the multiplication of the wealth of a handful of powerful people, but it is doing so to the detriment of the public treasury. Milei did not use any euphemism to invite businessmen to take money out of the country. Saying that it doesn’t matter where it comes from is also validating other possible crimes.

The truth is that the libertarian administration, even before the President gave this speech in Bariloche, had issued more than a dozen resolutions to eliminate controls on different types of companies with the excuse of attracting investments. Eliminated the supervision of foreign companies, “vehicle” companies and off shore, who can now operate in the country without major restrictions. Sometimes these are Argentine businessmen who hide behind a foreign company, or associate with it, and often the bet is not to pay taxes in Argentina and take root in tax havens, where, if taxes are paid, it is something insignificant. Globant, for example, is based in Luxembourg. Techint too. But their wealth is produced in Argentine territory. Thus, the President’s invitation to escape comes with some guarantees from the Government itself.

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