Ex-Transport Secretary Ricardo Jaime Prosecuted on Corruption Charges

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Ricardo Jaime (Photo taken from Wikipedia)

Ricardo Jaime (Photo courtesy of Wikipedia)

Today, former Secretary of Transport Ricardo Jaime was prosecuted by Judge Claudio Bonadio, who also ordered that Jaime be held in custody as he awaits trial. Police are currently looking for Jaime in his homes of Puerto Madero, in Buenos Aires, and Córdoba.

The former secretary is being investigated for defrauding the public administration and abuse of authority.  The judge indicated he is a flight risk and  could obstruction the investigation if left free.

During his time as transport secretary, Jaime is suspected of having demanded an extra $2m on a public works contract involving the laying of tracks on the Belgrano Cargas railway line between San Miguel de Tucumán and Concepción. The original cost of the contract was of $8m, however Jaime allegedly demanded a payment of $10m.

Jaime was Transport Secretary between 2003 and 2009 and now faces numerous legal charges for corruption. Amongs them is an accusation against him for his alleged mismanagement of the Sarmiento train line and possible  responsibility for the subsequent Once train tragedy.

In response, Jaime and his successor, Juan Pablo Schiavi have denied responsibility for the mismanagement of the Sarmiento line funding.

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As a possible ‪Grexit‬ looms in the old continent, we revisit Marc Rogers' article comparing Greece's current situation to Argentina's own 2001-2 crisis.

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