Buenos Aires — Argentina’s attorney-general is looking into an accusation of "abuse of power" against President Mauricio Macri after he agreed to a $50bn loan from the International Monetary Fund (IMF), his office said on Wednesday. Attorney-general Jorge Di Lello has also asked that Argentina’s IMF agreement be suspended until a decision is made whether to proceed with a case against Macri. "There’s a formal accusation because there’s an attribution problem and it’s possible that the president and his ministers did not have the right to sign such an accord," Javier Delio, the attorney-general’s secretary, told AFP. The case comes from a complaint made by former deputy Claudio Lozano and the city rights observatory, who accuse members of the executive of "abuse of power and violation of public duties in bypassing congress to sign an accord with the IMF". The plaintiffs claim that Argentina’s 2018 budget law does not authorise the executive to sign agreements with the IMF. The case h...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.