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Argentina's VP Fern谩ndez guilty in $1B fraud, gets 6 years

BUENOS AIRES, Argentina (AP) 鈥 Argentine Vice President Cristina Fern谩ndez was convicted and sentenced Tuesday to six years in prison and a lifetime ban from holding public office for a fraud scheme that embezzled $1 billion through public works proj
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Supporters of Argentine Vice President Cristina Fernandez, a former president, cry after hearing the verdict and sentence in a conspiracy and fraud trial against Fernandez, in Buenos Aires, Argentina, Tuesday, Dec. 6, 2022. The court sentenced Fernandez to 6 years in prison and a lifetime ban from holding public office. Fernandez is accused of running a criminal organization that defrauded the state of $1 billion during her presidency through public works contracts granted to a construction magnate closely tied to her family. (AP Photo/Rodrigo Abd)

BUENOS AIRES, Argentina (AP) 鈥 Argentine Vice President Cristina Fern谩ndez was convicted and sentenced Tuesday to six years in prison and a lifetime ban from holding public office for a fraud scheme that embezzled $1 billion through public works projects during her presidency.

A three-judge panel found the Peronist leader guilty of fraud, but rejected a charge of running a criminal organization, for which the sentence could have been 12 years in prison. It was the first time an Argentine vice president has been convicted of a crime while in office.

Fern谩ndez lashed out at the verdict, describing herself as the victim of a 鈥渏udicial mafia.鈥 But she also later announced that she would not run next year for the presidency, a post she previously held in 2007-2015.

The sentence isn鈥檛 firm until appeals are decided, a process that could take years. She will remains immune from arrest meanwhile.

Fern谩ndez's supporters vowed to paralyze the country with a nationwide strike. They clogged downtown Buenos Aires and marched on the federal court building, beating drums and shouting as they pressed against police barriers.

Fern谩ndez roundly denied all the accusations. Argentina's dominant leader this century, she was accused of closely tied to her family.

The verdict is certain to deepen fissures in the South American nation, where and the 69-year-old populist leader is either loved or hated.

President Alberto Fern谩ndez, who is not related to his vice president, said on Twitter that she was innocent and that her conviction is 鈥渢he result of a trial in which the minimum forms of due process were not taken care of.鈥

to L谩zaro B谩ez, a construction magnate and early ally of her and her husband Nestor Kirchner, who served as president in 2003-2007 and died suddenly in 2010.

B谩ez and members of Fern谩ndez's 2007-2015 presidential administration were among a dozen others accused in the conspiracy. The panel also sentenced B谩ez and her public works secretary, Jos茅 L贸pez, to six years. Most of the others got lesser sentences.

Prosecutors Diego Luciani and Sergio Mola said the B谩ez company was created to embezzle revenues through improperly bid projects that suffered from cost overruns and in many cases were never completed. The company disappeared after the Kirchners' 12 years in power, they said.

In Argentina, judges in such cases customarily pronounce verdicts and sentences first and explain how they reached their decision later. The panel鈥檚 full decision is expected in February. After that, the verdict can be appealed up to the Supreme Court, a process that could take years.

Fern谩ndez went on her YouTube channel to say she will not seek further office after her vice presidential term expires on Dec. 10, 2023. "I鈥檓 not going to be a candidate for anything, not president, not for senator. My name is not going to be on any ballot. I finish on December 10 and go home,鈥 she said.

Politicians and analysts had noted that until her appeal is settled, Fern谩ndez would be free to run for any elected office 鈥 from a seat in Congress to the presidency 鈥 and obtain immunity arrest by being elected.

鈥淐ristina always surprises," pollster Roberto Bacman, director of Argentina's Center for Public Opinion Studies, said of her announcement. But 鈥渟he will continue fighting,鈥 he added. 鈥淪he places herself in the center of the fight and says that she is not going to hide.鈥

He said it remains to be seen if the Peronist sector seesk to push Fern谩ndez to reconsider her decision.

Patricio Giusto, director of the consulting firm Diagn贸stico Pol铆tico, predicted Fern谩ndez will deepen her 鈥渟trategy of victimization and equating herself鈥 with Luiz In谩cio Lula Da Silva, the leftist politician who has just been elected president of Brazil after a court overturned his prison sentence for corruption.

During the judicial process, the vice president called herself a victim of 鈥渓awfare鈥 and characterized the Judiciary as a pawn of the opposition media and conservative politician Mauricio Macri, who succeeded her as president in 2015-2019.

Fern谩ndez remains the singular leader of the leftist faction of the Peronist movement. Bacman said his surveys show 62% of Argentines want her removed and 38% support her no matter what.

Meanwhile, other cases remain pending against her, including a charge of money-laundering that also involves her son and daughter.

Almudena Calatrava, The Associated Press

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