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The Federal Chamber of Criminal Cassation of Argentina ordered on Friday to execute all assets of Cristina Fernández de Kirchner, her children Máximo and Florencia, and the other convicted parties in the Vialidad case, to cover an updated debt of 684,990,350,139.86 Argentine pesos (almost 492 million US dollars).
The ruling was signed by judges Gustavo Hornos, Mariano Borinsky, and Diego Barroetaveña, members of Chamber IV of the court, and was announced the day before, according to the portal Infobae.
The original ruling had set the confiscation at $84,835,227,378.04, an amount that was updated by official experts, prosecutors, and the Body of Expert Accountants of the Supreme Court of Justice of the Nation.
The court ordered the defendants to pay the updated amount, which they failed to comply with, and the deadline expired on August 13, 2025, enabling enforced execution.
In total, the measure affects 111 properties: 84 belonging to businessman Lázaro Báez —the main beneficiary of the corruption scheme—, 19 properties transferred or inherited by Máximo and Florencia Kirchner, and one in the name of the former president herself.
The property of Cristina Kirchner is a plot of 6,001.64 square meters located at 800 Avenida 17 de Octubre, in El Calafate, purchased in 2007.
Among the assets of their children is the Hotel Los Sauces complex, built on a lot purchased in 2002 and expanded with parcels acquired in 2007, as well as ten units on Mitre Street at 500 in Río Gallegos and two large plots of land in El Calafate measuring 44,106 and 87,046 square meters, all incorporated into the family estate in 2007.
The measure also includes the confiscation of assets from the companies Austral Construcciones SA, Kank y Costilla SA, Gotti Hnos. SA, and Loscalzo y Del Curto SRL.
If the initial assets are insufficient to cover the total amount, the court plans to proceed against the assets of Nelson Guillermo Periotti, José Francisco López, Mauricio Collareda, Raúl Gilberto Pavesi, and Raúl Osvaldo Daruich. The seized assets will be transferred to the administration of the Supreme Court for subsequent auction.
The Vialidad case investigated the irregular awarding of 51 public roadwork contracts in Santa Cruz between 2003 and 2015, which systematically favored companies owned by Báez, a personal friend and associate of the Kirchners.
The Federal Oral Court No. 2 sentenced Cristina Kirchner to six years in prison and permanent disqualification from public office in December 2022, and the Supreme Court confirmed that sentence unanimously on June 10, 2025, the date when the ruling became final.
Since then, Kirchner is serving house arrest in her apartment at San José 1111, in Buenos Aires, wearing an electronic ankle monitor and undergoing quarterly checks; that property is also included among the assets affected by the seizure.
The court dismissed the property transfer that Cristina made in 2016 when she donated 50% of 26 properties and over $40 million in accounts and shares to her children—an operation that totaled $74 million—considering that it does not change the illicit origin of the funds and that it was carried out "just a few days before her assets were frozen."
The wealth of the Kirchner family grew from $7 million reported in 2003, with 25 properties, to nearly $72.2 million in 2015, accumulating up to 44 properties, according to tax declarations submitted to the Anti-Corruption Office reconstructed by Infobae.
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