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General Pico Refrigerator: Investigating the Diversion of $16.5 Billion to a Firm Linked to Previous Administrators
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Fridge General Pico came under the magnifying glass for the fate of $16.5 billion that would have been transferred to a firm linked to the Lowenstein family
·Buenos Aires, Argentina
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The insolvency and judicial process that is going through Frigorífico General Pico added a central chapter after it was revealed that, during the management of the Lowenstein family, the company spent about $16.5 billion to finance LDL, an equine refrigerator belonging 100% to the administering family itself.The finding, extracted from the documentation processed in the preventive contest by Judge Carlos María Iglesias, ignited the alarms of cre…
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