They promote a bill to combat offshore corruption

The deputy of the Frente de Todos and president of the Finance Commission of the Chamber of Deputies and the head of the Anti-Corruption Office (OA), Félix Crous, will work on a project to combat offshore corruption. This was announced by Vallejos through his Twitter account hours after holding a meeting with Crous.

“This morning I read in El Uncover Web that the head of the OA (Anti-Corruption Office), Félix Crous, intends to work on a project on the same subject as my project presented in 2018 and 2020. This afternoon I contacted him to work together, ”Vallejos said through the social network.

The investigation of the International Consortium of Investigative Journalists, which became known as “Pandora Papers”, based on the leak of some 11.9 million documents from 14 financial services companies around the world, uncovered a wide network of companies and people individuals that concealed assets of doubtful origin in offshore firms registered in tax dens, most of them undeclared, for tax evasion purposes.

Argentina, despite the fact that in the world economic context it ranks 70th by income per capiga, it is the third country in the world with the most individuals who hid assets in offshore companies.

In the investigation, as happened in the work called Panama Papers, the name of the former president, Mauricio Macri, appears.

In this framework, the anti-corruption office is promoting a change in the legislation that seeks to prevent public officials from holding offshore equity positions, in the form of companies, accounts or equity transfers in non-collaborative positions.

The proposal of the Anti-Corruption Office provides for meetings with experts in order to draft a final project that will be submitted to the President of the Nation and sent to the National Congress.

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In the same line of work, Congresswoman Vallejos presented a package of bills to discourage offshore corruption in the public sector in tax havens, which she will now analyze together with Félix Crous.

NAMELY:

  • Project I. Prohibition for officials and candidates for elective positions to have any type of offshore connection.
  • Project II. Prohibition of the State granting financial aid to people or companies with offshore activity.
  • Project III. Exclusion to participate in bids and contracts with the State of all those companies that have offshore economic activity.
  • Project IV. Creation of a commission to investigate capital flight (such as the USD 45,000 million from the IMF).

“I welcome your initiative (that of Félix Crous) and that, finally, our ideas have an echo in other areas. There are many years of study, work and dedication to a subject that I consider to be of strategic importance. Starting next week we will get to work with the expectation that it will be law, ”Vallejos pointed out.