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Swiftgate

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The Swiftgate was a corruption scandal that occurred in the year 1991 in Argentina during the presidency of Carlos Menem.[1] [2]

Background

The company Swift wanted to apply for a grant for not closing its facilities in the province of Santa Fe, Yoma was accused of asking for a commission or kickback, sufficiently expensive, in exchange for facilitating the process, It was the beginnig of the Swiftgate.

In December 1990,the ambassador of the United States, Terence Todman, sent a note to the Argentine government, which backed a complaint received from the refrigerator Swift who had complained of a bribery request to "speed up" its release of tax paperwork for the machinery in its plant in Rosario.

As a result of the crisis unleashed, the presidential adviser Emir Yoma had to resign for asking the bribe and Antonio Erman Gonzalez left the Ministry of Economy.[3]

The Whistleblower was the economist Guillermo Nielsen, who had worked for Swift and had to settle in Uruguay the next two years following a series of threats.

See also

References

  1. ^ H. Lewis, Paul. Authoritarian Regimes in Latin America: Dictators, Despots, And Tyrants.
  2. ^ Enforcing the Rule of Law: Social Accountability in the New Latin American.
  3. ^ http://edant.clarin.com/diario/2007/02/08/elpais/p-00401.htm