Renationalization of YPF Renationalization of YPF President Cristina Fernández de Kirchner of Argentina introduced a bill on April 16, 2012 for the partial renationalization of YPF, the nation's largest energy firm. The state would purchase a 51% share, with the national government controlling 51% of this package and ten provincial governments receiving the remaining 49%. The bill was overwhelmingly approved by both houses of Congress, and was signed by the president on May 5. The government of Argentina eventually agreed to pay $5 billion in compensation to Repsol, which had previously owned YPF. YPF was founded in 1922 as the first oil company
Cristina Fernández de Kirchner with Iran for a joint investigation. Nisman accused the president of signing that memorandum for oil and trade benefits, according to hundreds of hours of wiretaps. On 19 January 2015, he was found dead at his home, a day before a congressional hearing to explain his accusation, which caused a great controversy. As of 2016, both the cases of the AMIA bombing and the death of Nisman remain unresolved, and the courts declined at the time to investigate his denunciation of Kirchner. Mauricio Macri, mayor of Buenos Aires, was elected president in the 2015 presidential elections, defeating the Kirchnerite candidate