Fernandez Says 1976 Sale of Papel Prensa Was Illegal

Lock
This article is for subscribers only.

Argentine President Cristina Fernandez de Kirchner said the 1976 sale of newsprint producer Papel Prensa SA to media outlets including Grupo Clarin SA was illegal because the owner of the company, Grupo Graiver, was forced to sell.

“Those who signed the contract did so without freedom,” Fernandez said today in a speech at the presidential palace, after government representatives on Papel Prensa’s board of directors released a report of the sale.