Nationalization of oil supplies In April 2010, Argentina's president Cristina Fernández de Kirchner introduced a bill on April 16, 2012, for the expropriation 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%. Investment in exploration at YPF as a percentage of profits had been far below those in most other Repsol subsidiaries, and declines in output at the firm represented 54% of the nation's lost oil production and 97% in the case of natural gas. Market analysts and Repsol blamed the decline
Cristina Fernández de Kirchner case of money laundering. According to a criminal complaint by opposition deputy Margarita Stolbizer, his company Valle Mitre S.A. has rented 1,100 rooms per month, for years, at the Hotesur and Alto Calafate hotels, but without occupying them. These hotels, located in the city of El Calafate, belong to the Kirchners. The administration of Cristina Kirchner continued the trials of military personnel involved in the Dirty War, started by her husband. There have been more than 500 people sentenced, and 1,000 convicted, in a process that was unprecedented in Latin America. De facto president Jorge Rafael Videla, who was convicted