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Judi Lynn

(160,586 posts)
Sat May 21, 2016, 04:36 PM May 2016

Macri Group director seems to contradict president’s Panama Paper’s claims


Says company operated in brazil ‘on a trial basis’

Friday, May 20, 2016

Macri Group director seems to contradict president’s Panama Paper’s claims


A director at the Macri Group yesterday appeared to contradict President Mauricio Macri’s claims regarding the Fleg Trading Ltd offshore trading company.

Orlando Salvestrini, a member of the IT unit of the Macri Group, told Federal Judge Sebastián Casanello that the Bahamas-based Fleg Trading Ltd firm did operate in Brazil “on a trial basis.”

The existence of Macri’s offshore trading companies was first revealed by the so-called “Panama Papers,” a leak of documents held by the Mossack Fonseca law firm. After the investigation was published, the president acknowledged the existence of Fleg Trading, but said the company had been set up to do business in Brazil and that no deal was ever reached.

“No investment was ultimately made,” Macri told the La Voz del Interior newspaper in April, hours after the scandal broke out.

More:
http://buenosairesherald.com/article/214661/macri-group-director-seems-to-contradict-president%E2%80%99s-panama-paper%E2%80%99s-claims
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