Skip to content
Subscriber Only

NML Capital Seeks Information on Argentine Funds

Billionaire Paul Singer’s NML Capital Ltd., seeking to enforce $1.7 billion in judgments over Argentina’s defaulted bonds, is trying to track down allegedly embezzled Argentine funds in Nevada.

NML asked a federal court in Las Vegas to order 123 companies in Nevada that are affiliated with Lazaro Baez, a businessman in Argentina who is accused in that country of embezzling $65 million from government contracts, to turn over information about the location of the assets.