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Argentina accuses Kirchner family of inflating hotel firm

Argentina's Public Prosecutor's Office has accused former president Cristina Fernández and her family of increasing the net worth of their hotel company by more than 12,000%, according to the newspaper El Nacional, which reported the case on October 25, 2026.

By Redacción SurEconomics ·

Argentina accuses Kirchner family of inflating hotel firm

Argentina's Public Prosecutor's Office has accused former president Cristina Fernández and her family of increasing the net worth of their hotel company by more than 12,000%, according to the newspaper El Nacional, which reported the case on October 25, 2026. During the first day of the trial, held at Federal Oral Court No. 5 in Buenos Aires, prosecutors argued that the former president and her son led a scheme to multiply the assets of the company Los Sauces.

The case falls within judicial oversight of the financial dealings of former officials and their families, an area in which courts assess the relationship between declared income and the performance of commercial companies linked to political power. In practice, this type of investigation examines whether companies served as vehicles for concentrating or transferring resources during presidential terms.

The proceeding at Federal Oral Court No. 5 will continue with a review of the evidence presented by the Public Prosecutor's Office and the responses of the Kirchner family's defense. Going forward, attention will turn to upcoming hearings for the technical details of the accounting expert reports on Los Sauces and the arguments of the accused.