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Thursday, February 19, 2015

Gov't denounces 'media' strategy by Pollack, Griesa to 'favour' vultures

The Economy Ministry has accused US Judge Thomas Griesa as well as Daniel Pollack, the especial master appointed by the New York magistrate, of “favouring” vulture funds through a “media maneuver” seeking to “install” the idea that “Argentina does not want to negotiate.”

“Today, the mediator designated by Judge (Thomas) Griesa, Mr. Daniel Pollack, released without consultation with the Argentine Republic a press release with the obvious purpose of favouring, again, vulture funds,” the office headed by minister Axel Kicillof said in a statement released late on Thursday adding that Mr. Pollack did not mention in his communiqué the existence of “confidentiality” clauses regarding the meetings held between both parties to settle a legal dispute with so called vulture funds suing the country over its defaulted bonds more than a decade ago.

The ministry also pointed out that the lawyers representing Buenos Aires had transmitted the “invitation” to resume negotiations which “was under consideration.”

“Two weeks after the first call, Pollack, impatient, publicly accuses Argentina of not responding to the invitation with the clear purpose of ‘showing’ that Argentina does not want to negotiate and vulture funds do. Where is the confidentiality that you, yourself requested, Mr. Pollack? Where is you impartiality as a mediator?”

“If Argentina agreed to negotiate ‘in secret,’ how long would it take for the information to local and International media to be ‘leaked,’ affecting the government? If Pollack could not wait not even two weeks before revealing his ‘secret’ proposal, accusing the government of Argentina,” the text said.

Eearlier today, in a brief statement, Daniel Pollack said the Cristina Fernández de Kirchner administration had not yet "neither accepted nor otherwise responded" to an invitation by vulture funds to resume bond negotiations.

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Tags:  Daniel Pollack  Thomas Griesa  US  vulture funds  favour  statement  





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