Axel Kicillof headed by Hernán Lorenzino. After that, on November 18, 2013, Kicillof officially became Minister of Economy. Kicillof was instrumental in the renationalization of YPF. President Cristina Fernández de Kirchner named Kicillof to the post of Secretary (or Deputy Minister) for Economic Policy and Development Planning in December 2011. He took academic leave to assume this post. In this position, Kicillof oversaw the controversial 2012 nationalization of YPF, the Argentine oil company then controlled by the Spanish energy firm Repsol. It was the largest expropriation in Argentina's history. He justified this action as part of a needed reversal of the Argentinian
Presidency of Cristina Fernández de Kirchner stymy minor parties and the formation of new ones. Following charges of embezzlement filed by a local attorney, Enrique Piragini, on October 29, Federal Judge Norberto Oyarbide ordered an accounting expert to investigate the origin of the Kirchners’ wealth. Public records show that since their arrival to power in 2003, the declared assets of Cristina and Néstor Kirchner have increased by 572%. A preliminary report on the investigation by the Argentine Anti Corruption Office (OA) established that the official figures provided by the Kirchners "don't stack up". The investigation was suspended by Judge Oyarbide on December 30, though a week