December 11, 2013
Ex Central Bank chief says gov't 'lied' about whitewash plan
Former Central Bank chief Aldo Pignanelli today assured the whitewash plan launched by the government two months ago “will have a bad ending” as the government “lied and drove mistrust” among people regarding that new mechanism.
“The government said the whitewash plan was launched to reactivate the real estate market and when it was regulated, it was clear it had been created for the Central Bank to amass international reserves,” he recalled.
Yesterday, the head of AFIP tax agency Ricardo Echegaray admitted the tax amnesty had failed and said he recommended it was not extended.
According to Pignanelli, “the procedure was not good” adding “if you add what’s abroad and hidden below mattresses and safety boxes there are more than 100 billion undeclared dollars.”
“Hopefully those dollars will return to the country, but for that to happen, we need to change,” he added.