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October 25, 2014
Tuesday, August 19, 2014

Vanoli says anti-terrorism law will not be applied against Donelley

File photo shows RR Donelley plant in Panamericana highway.

The head of the CNV securities regulator Alejandro Vanoli explained today that the anti-terrorism law will not be applied against printing firm RR Donnelley, as president Cristina Fernández de Kirchner had announced last Thursday. He explained that the economic crimes law will be enforced instead for the company’s abrupt bankruptcy that left over 400 workers out of job.

“There was a missunderstanding because when we refer to terrorism, we are talking about economic terrorism. In this case, AFIP tax bureau turns to economic crimes, not the financing of terrorism,” Vanoli pointed out.

He explained that a lawsuit has been filed at Federal judge Daniel Rafecas’ Court for the alleged fraudulent bankruptcy, which is punishable by the economic crimes law. “The judge will guarantee that the company keeps on working and the workers keep their jobs,” Vanoli said in an interview with a local radio station.

Vanoli also ratified that the CNV will take its claim against RR Donelley to the United States Securities and Exchange Commission (SEC) this week.

He said that the CNV is waiting for “AFIP’s information to file a full complaint before the US watchdog to disclose in global markets the company’s actions.”

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Tags:  CNV  Vanoli  RR Donnelley  anti-terrorism  law  SEC  bankruptcy  Argentina  





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