“Mr. Gabriel Diego Martino did not direct the necessary actions to mitigate and address suitably the risk of prevention of money laundering and the financing of terrorism,” the BCRA said today in the 259 resolution, adding the decision followed as well “the criminal case in which Mr. Martino is involved, sponsored by the Federal Administration of Public Income” (AFIP).
“In such case, crimes such as fiscal illicit association and aggravated tax evasion, likewise the eventual laundering of assets, are investigated,” it said.
The BCRA board urged the bank’s Argentine branch to inform the current operational scheme within the next 24 hours, highlighting the decision on Martino did not affect the normal functioning of the financial entity.