Milei's Advisor Leaves State Energy Company After Alleged Irregularities in Contracts

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Associated Press BUENOS AIRES (AP) — An aide to Argentine President Javier Milei resigned Monday as president of the state-owned company that operates the country's nuclear power plants after becoming embroiled in a controversy over contracts with alleged overpricing. Federico Ramos Napoli, Secretary of Nuclear Affairs at the Ministry of Economy, confirmed Demian Reidel's resignation from Nucleoeléctrica Argentina (NASA) and announced that he wi…

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Demian Reidel was an unknown name in Argentine politics until his proximity to the Executive Branch gave him an opportunity few ever have. Who is Demian Reidel? He was a young physicist from the Balseiro Institute who managed to break Wall Street with his trading bots and who currently manages Argentina's nuclear power plant. He bet heavily on the financial model, and today his personal finances are on the verge of bankruptcy.

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The official resigned after coming under suspicion of irregularities in contracts and financial dealings. He will be replaced by Juan Martín Campos. Demian Reidel resigned as president of Nucleoeléctrica Argentina this Monday, as confirmed by official sources to Ámbito, amid investigations and allegations questioning his management of the state-owned company responsible for operating the country's nuclear power plants. He will be replaced by Jua…