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November 26, 2014
Friday, August 8, 2014

Gov't calls US to 'take responsibility' for Griesa's actions

Cabinet Chief Jorge Capitanich answers to reporters'' queries at the government house.

Cabinet Chief Jorge Capitanich defended the government’s decision to take Argentina’s claims against the US judiciary to the International Court of Justice (ICJ) in The Hague saying the Kirchnerite administration has expectations Washington “takes responsibility for its judicial branch.”

“Expectations in the hearings are absolutely negative because (US Judge Thomas) Griesa has showed his partiality. He shows partiality in favour of vulture funds because he has proved clearly ignorance on the debt restructuring mechanism,” the head of ministers told reporters while holding his daily conference at the government house today.

“Griesa does not understand this process, (neither he understands) a sovereign country that is governed by sovereign laws. The judge does nothing ever; he calls for hearings without doing anything,” Capitanich stressed renewing the government’s position that Argentina has fully met its debt obligations, urging the US magistrate to unblock the country's payments to restructured bondholders.

On Thursday, following the government's decision to seek a legal case against the United States in The Hague, Judge Griesa called for a new hearing in New York for today's afternoon.

The ex governor of the Chaco province ratified also Argentina’s demands that the Bank of New York Mellon release the deposit. “Argentina paid and made the deposits in the BoNY (for the money) to be redistributed (to bondholders). Funds do not belong to Argentina, they belong to bondholders and the BoNY is breaching the contract,” Jorge Capitanich insisted.

“There is one opportunity which is to give the stay to suspend the sentence till the end of the year in order to not trigger the RUFO clause,” the head of President Cristina Fernández de Kirchner’s ministerial team said urging US Griesa to not “interfere” in payment obligations of debt restructurings, something he added “concerns the US political power” as well.

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Tags:  Jorge Capitanich  cabinet chief  Thomas Griesa  The Hague  responsibility  





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