Argentina court to rule in Madres housing fraud case; prosecutors seek up to 6 years

An Argentine federal court will deliver its verdict on Friday in the long-running fraud case over the Madres de Plaza de Mayo housing program, with prosecutors and the UIF seeking sentences of up to six years for defendants Schoklender, De Vido, and José López. The case, which has dragged on for years, centers on alleged embezzlement of public funds. The verdict is a notable domestic legal development but has limited immediate market impact.