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November 22, 2014
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Scioli finds Donnelley bankruptcy, closing 'very strange'

Governor Daniel Scioli speaks after the signing of an agreement to launch a local police force in the BA province locality of San Vicente.

Buenos Aires province Governor Daniel Scioli found the bankruptcy claimed by the local branch of US printing firm RR Donnelley & Sons “very strange” as he supported President Kirchner’s decision to demand a judicial investigation on a closing that has left 400 workers – and their families – on the streets.

“Justice will have its say and it has evidently been very strange the way in which (the bankruptcy) happened,” Scioli told reporters this morning, adding he “agreed” with the “search of truth” and reasons that took a company “that had a huge demand and activity to, all of a sudden, overnight, in an abrupt way without considering other instances” to file for bankruptcy.

The head of Argentina’s most populated province and home of the Donnelley facility in the locality of Garín that closed its doors on Monday firing 400 workers, explained that prior to the closing there had been a “change” in the company’s board, a move that “clearly leaves a lot of doubts.”

Scioli’s statemenst come after President Cristina Fernández de Kirchner announced back on Thursday the filing of a criminal complaint against Donnelley under the country’s recently approved anti-terrorism law, considering the controversial bankruptcy claim fraudulent, declaring that the firm intended to “strike fear into the public.”

Ms. Kirchner also linked the company to “vulture funds” suing Argentina over its defaulted bonds saying it was part of a broad effort by financial capital to discredit the country.

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Tags:  Daniel Scioli  Donnelley  bankruptcy  strange  Cristina Fernández de Kirchner  





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