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 threats as mere conspiracy theories. In her speech, she accused the "vulture funds" of destabilizing the economy of the countries and called them "economic terrorists". The government promoted several new laws and law amendments, such as an overhauled civil code, hydrocarbon law and telecommunications law. Cristina Kirchner was denounced in the Hotesur scandal over a firm headed by her and her sons to manage the hotels in Calafate. She is suspected of using the hotels for money laundering. The judge Claudio Bonadio, heading the case, was in turn called for impeachment. On 14 January the federal prosecutor, Alberto Nisman, filed