$64,000 Bag of Cash Gets Ex-Argentine Minister 4 Years

Dec. 27 (Bloomberg) -- Former Argentine Economy Minister Felisa Miceli was sentenced to four years in prison for crimes related to the discovery of more than $64,000 in a paper bag in her office bathroom in 2007.

Miceli, 60, was also banned by a federal court from service in public office for eight years, according to a statement today on the official website of the country’s justice system. The court found her guilty of a cover-up and of destroying official documents, according to the statement.

Miceli quit her post in July 2007 after the bag with 100,000 pesos ($32,200 at the time) and $31,670 in U.S. dollars was found by a bomb squad in her office’s bathroom. She won’t go to prison until a superior court ratifies the sentence, according to today’s verdict.

“I will appeal the sentence,” Miceli said on her way out of court. “I am not afraid of going to jail.”

Phone calls to Miceli’s home seeking further comment weren’t answered.

To contact the reporter on this story: Pablo Gonzalez in Buenos Aires at pgonzalez49@bloomberg.net

To contact the editor responsible for this story: Philip Sanders at psanders@bloomberg.net