The China Mail - Argentina's Kirchner: powerful, divisive, and tainted by fraud

USD -
AED 3.672504
AFN 64.503991
ALL 81.046102
AMD 360.780113
ANG 1.789785
AOA 917.000367
ARS 1523.143125
AUD 1.433486
AWG 1.8025
AZN 1.70397
BAM 1.745704
BBD 2.012675
BDT 123.586379
BGN 1.747831
BHD 0.377114
BIF 2995.403222
BMD 1
BND 1.277279
BOB 11.766859
BRL 4.965204
BSD 0.999331
BTN 94.818583
BWP 13.766234
BYN 2.934172
BYR 19600
BZD 2.009729
CAD 1.40025
CDF 2316.000362
CHF 0.825078
CLF 0.025064
CLP 986.459589
CNY 6.67805
CNH 6.670604
COP 3171.419646
CRC 456.018209
CUC 1
CUP 23.982684
CVE 98.420137
CZK 21.719504
DJF 177.944392
DKK 6.67165
DOP 61.293346
DZD 134.335699
EGP 55.079216
ERN 15
ETB 162.538225
EUR 0.89267
FJD 2.237204
FKP 0.74764
GBP 0.747692
GEL 2.590391
GGP 0.74764
GHS 11.586558
GIP 0.74764
GMD 74.000355
GNF 8843.664926
GTQ 7.638684
GYD 209.291739
HKD 7.84235
HNL 26.828223
HRK 6.728204
HTG 130.968001
HUF 327.370388
IDR 18093.85
ILS 3.10555
IMP 0.74764
INR 94.945504
IQD 1514.883742
IRR 1832375.000352
ISK 121.780386
JEP 0.74764
JMD 158.593297
JOD 0.70904
JPY 156.860385
KES 129.754095
KGS 87.448604
KHR 4082.652742
KMF 439.503794
KPW 899.999961
KRW 1323.525039
KWD 0.31069
KYD 0.832775
KZT 453.715357
LAK 22486.722899
LBP 89486.053465
LKR 331.81595
LRD 170.375329
LSL 16.556076
LTL 2.95274
LVL 0.60489
LYD 6.399786
MAD 9.815504
MDL 18.037221
MGA 4519.123488
MKD 54.987281
MMK 2100.187629
MNT 3599.924651
MOP 8.073191
MRU 39.936627
MUR 47.160378
MVR 15.460378
MWK 1732.762083
MXN 18.668404
MYR 4.085304
MZN 63.903729
NAD 16.556076
NGN 1332.060377
NIO 36.774222
NOK 9.35739
NPR 151.709734
NZD 1.750854
OMR 0.38297
PAB 0.999241
PEN 3.431874
PGK 4.475387
PHP 63.618038
PKR 276.527424
PLN 3.92999
PYG 5779.443924
QAR 3.642612
RON 4.779804
RSD 104.87794
RUB 81.617352
RWF 1476.413621
SAR 3.753249
SBD 8.07458
SCR 13.982238
SDG 601.503676
SEK 9.931804
SGD 1.276904
SHP 0.7473
SLE 22.950371
SLL 20969.504398
SOS 571.07154
SRD 37.649504
STD 20697.981008
STN 21.868166
SVC 8.743696
SYP 13001.999685
SZL 16.555541
THB 33.770369
TJS 9.208462
TMT 3.51
TND 2.983978
TOP 2.40776
TRY 49.703804
TTD 6.789842
TWD 32.585804
TZS 2645.601821
UAH 45.239791
UGX 4402.195742
UYU 40.076762
UZS 11958.762887
VES 879.788904
VND 25842.5
VUV 119.07444
WST 2.767685
XAF 585.553409
XAG 0.018551
XAU 0.000250266221
XCD 2.70255
XCG 1.800955
XDR 0.707052
XOF 585.553409
XPF 106.448878
YER 236.103589
ZAR 16.57373
ZMK 9001.203584
ZMW 20.091043
ZWL 321.999592
SSP 5745.690365
MXV 2.106972
  • RYCEF

    0.4000

    19.71

    +2.03%

  • CMSC

    0.0000

    20.4

    0%

  • BTI

    0.4200

    56.05

    +0.75%

  • BP

    0.2800

    44.43

    +0.63%

  • RBGPF

    1.6000

    67

    +2.39%

  • RIO

    -0.1500

    94.41

    -0.16%

  • AZN

    -0.4300

    166.15

    -0.26%

  • GSK

    0.4600

    49.7

    +0.93%

  • BCE

    -0.4100

    20.56

    -1.99%

  • NGG

    -0.2500

    75.24

    -0.33%

  • VOD

    -0.0400

    16.58

    -0.24%

  • RELX

    -0.4500

    33.07

    -1.36%

  • BCC

    -0.5500

    76.59

    -0.72%

  • CMSD

    -0.0300

    20.27

    -0.15%

  • JRI

    -0.2500

    10.77

    -2.32%

Argentina's Kirchner: powerful, divisive, and tainted by fraud
Argentina's Kirchner: powerful, divisive, and tainted by fraud / Photo: © AFP/File

Argentina's Kirchner: powerful, divisive, and tainted by fraud

During two decades at the core of Argentine politics, Cristina Kirchner has drawn adoration and hatred in equal measure, and even a fraud conviction is unlikely to push her out of the corridors of power anytime soon.

Text size:

Despite her conviction Tuesday on corruption charges -- which landed her a six-year jail term and a lifetime ban on holding public office -- she has congressional immunity and appeals could tie the sentence up in court for years.

However, Kirchner has vowed she will not seek any public office in 2023 general elections, placing a giant question mark over her future in politics and whether she will spend any time in jail.

Kirchner, who can be as combative and sarcastic as she can be charming and astute, considers herself a victim of a political witch hunt by her enemies.

"This court has been a true firing squad," the auburn-haired politician told the court last week, accusing prosecutors of having "dedicated themselves to disrespecting and insulting me."

The trial unfolded over three years to a backdrop of increasing political polarization and a deteriorating economy in a nation weary of its seemingly endless debt crisis and annual inflation which could reach 100 percent by the end of 2022.

While her political star has faded in recent years, Kirchner still commands significant support among followers of the center-left Peronist movement, and it is unclear how they will react to the news of her conviction and sentence.

She was found guilty of fraudulently awarding public works contracts in her stronghold in Patagonia as president between 2007 and 2015

When prosecutors announced they were seeking a 12-year sentence against her in late August, her backers flooded into the streets outside her nondescript apartment building in the swish Recoleta suburb, holding vigils for several days.

During one of these protests on September 1, a man shoved a revolver in her face and pulled the trigger -- but the gun did not fire.

- Power couple -

Kirchner was born in 1953 in the small town of Tolosa, just outside the capital Buenos Aires.

The daughter of a bus driver and a housewife, she has often played up her lower middle class roots, even though she does not hide her love for luxury brands and travel.

She came to prominence as part of the ultimate political power couple, with she and her late husband Nestor Kirchner serving a collective 12 years in the Casa Rosada, the pink presidential palace.

To her working-class base, the Kirchners were the saviors after Argentina's 2001 economic meltdown and social unrest that followed the largest debt default in history, standing up for the little guy against bullies both foreign and domestic.

Cristina's two terms in government between 2007-2015, during a commodities boom, were characterized by protectionist policies and populist social welfare programs, rolling out multiple subsidies that raised public spending.

Under her stewardship Argentina became a regional bastion of LGBTQ rights, allowing gay marriage in 2010 and passing a gender identity law in 2012.

However, her detractors see her as a corrupt, overbearing interventionist who steered the country back towards economic ruin with her debt-fueled spending sprees.

Under the Kirchners, "Argentina grew addicted to fictitious feel-good growth, spending and selling everything it had to keep the positive feelings going," an editorial in the Harvard International Review noted in 2019.

- Pulling the strings -

Cristina Kirchner met her husband Nestor when they were young law students passionate about Peronism, with both of them later entering politics.

Nestor became president in 2003, serving one term, before Cristina was elected in 2007 in what was a concerted plan to "ensure over time a virtuous political process of transforming the country," she says in her book.

The two were expected to continue their term-for-term tango, but he died of a heart attack in 2010.

Cristina became vice-president to her former chief of staff Alberto Fernandez in 2019, however the two have engaged in a bitter and public power struggle with Kirchner often criticizing his decisions.

Her resistance to efforts to restructure the country's massive debt with the International Monetary Fund -- deeply hated by many Argentines who see it as the villain in their economic woes -- has been one of the main points of contention.

R.Lin--ThChM