Argentina
Caputo Brothers Cleared in Case Over Alleged Financing of Revolución Federal
The economy minister welcomed the court ruling and denounced political persecution. The investigation had focused on alleged concealed payments to the group through a commercial contract.
The courts dismissed the charges against Flavio, Hugo and Rosana Caputo in the case that investigated alleged financing of Revolución Federal through Caputo Hermanos S.A., the family construction company. After the ruling became known, Economy Minister Luis Caputo celebrated it on social media and criticized Kirchnerism and part of the press.
“Years spending taxpayers’ money on the most ridiculous persecution in history”, the official wrote, according to Clarín and Todo Noticias. He also said it was a maneuver to gain political advantage and cause harm.
According to both outlets, the case examined whether the minister’s siblings’ firm had channeled funds to the anti-Kirchner group through payments presented as carpentry work by Jonathan Morel for the Espacio Añelo building, in Vaca Muerta.
Caputo shared the arguments in the ruling, which stated that the project existed and that there was documentation supporting the commercial transaction, including delivery notes, invoices, transfers and reports from AFIP and banks. According to that reconstruction, the furniture was manufactured, delivered and installed, and the contracting sequence was consistent with a genuine job.
In addition, the minister said the timeline of the commercial relationship weakened the theory of a concealed payment, since contact between Rosana Caputo and Morel began before the creation of Revolución Federal in May 2022. He also said it was not established that his brothers knew of Morel’s activism when they hired him or that the payments were tied to his political activity.
According to Todo Noticias, Judge Marcelo Martínez de Giorgi also ruled out the possibility of proving the existence of overpricing, based on accounting expert reports that failed to establish a real increase in prices because custom-made products were being compared with standardized ones. The outlet added that the magistrate also considered that the reclassification of Revolución Federal as a smaller-scale group undermined the theory of organized financing.
Todo Noticias recalled that the case was partly driven by the complaint filed by Cristina Kirchner, which sought to link this case with the investigation into the attack against her. The outlet noted that the courts kept both lines of inquiry separate and that no connection between Revolución Federal and that attack was ever proven.
Sources
About this note. Written by El Notero with assistance from artificial intelligence, based on what was published by the cited outlet. El Notero did not conduct its own reporting on this event.
