LatAm Briefs: Argentina’s IMF Payments, Odebrecht Arrest Warrants

(Energy Analytics Institute, 30.Mar.2021) — Energy briefs from the Latin America and Caribbean region including: Argentina only paying the IMF around $3.1bn in interest and arrest warrants being issued for three former Odebrecht executives.

Argentina Has Only Paid The IMF $3.1bn In Interest

Argentina has paid the International Monetary Fund (IMF) just around $3.1bn in interest related to loans from organization for almost $45bn between August 2018 and July 2019.

Of the interest amounts paid, $1.48bn was disbursed during the government of former Argentina President Mauricio Macri and $1.64bn by the government of current President Alberto Fernández. The last interest payment was made in February for $314mn, reported the daily Clarín on 30 March 2021, citing details from Argentina’s Central Bank.

Arrest Warrants Issued For Three Former Odebrecht Executives

The prosecutor’s office in Brazil found more evidence related to the possible participation of three former Odebrecht executives in illicit activities in Colombia.

Three executives — Hamilton Ideaki, Eder Paolo Ferracuti and Marcio Marangoni — will be charged with conspiracy to commit crimes, money laundering and illicit enrichment related to the Ruta del Sol project, the daily newspaper El Tiempo reported on 30 March 2021.

Previously, a team of prosecutors tried to link the three persons to dealings related to the Ocaña-Gamarra contract, the daily said.

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By Aaron Simonsky. © Energy Analytics Institute (EAI). All Rights Reserved.