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6 Articles
Governor Cornejo celebrated that this was the first case in the country under Mendoza law; the goods auctioned will go to Education
The governor of Mendoza, Alfredo Cornejo, celebrated the auction of the first property under the regime of Extinction of Dominion in Argentina: it is a mansion that belonged to the former mayor of Guaymallén, Luis Lobos, seized for having been obtained with money of illicit origin.This Thursday, the property was auctioned for more than $172 million, a milestone in the fight against corruption that Cornejo celebrated through its social networks: …
The Mendoza Justice raised the mansion seized from the former mayor of Guaymallén, Luis Lobos, who is convicted of corruption offences. The property, located in the exclusive Alto Portal del Sauce neighborhood, was acquired for a value significantly higher than the base price. The auction was carried out within the framework of the Law of Extinction of Dominion. This legal instrument allows “to recover property acquired with funds derived from i…
This is the first case of the country's Extinction of Dominion, a legal process that allows the State to recover illegally acquired property.
The property was recovered by means of the Dominion Extinction Act. After several failed attempts, the mansion belonging to the former mayor of Guaymallén, Luis Lobos, was finally auctioned on Thursday for more than $172 million. The money collected will go to improvements in public schools in Mendoza. The property, located in the Alto Portal del Sauce neighborhood, had been confiscated by the provincial State after Lobos was convicted of illici…
The auction of the mansion that belonged to the former mayor of Guaymallén, Luis Lobos, took place on Thursday for a figure higher than $172,000,000. The auction was held by the governor Alfredo Cornejo through his social networks. “This is the first case of Extinction of the country’s Dominion, which we pushed from our province, allowing the stolen thing to return to the State to benefit the community,” said the president. They raised the mansi…
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