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This deal pitted him "towards the mobile-mobile phone business enterprise of Carlos Slim in South America's second-greatest financial system" and "expanded Martínez's bets beyond holdings like cable assets and Argentina's sovereign debt as he seeks to gain from expanding Web and online video use on cell devices."[12]
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An investigation by Armando.details documented that Venezuelan officers offered him to deliver bonds within their possession in Trade for participation in point out-owned electrical energy corporation Corpolec in December 2018. It goes on to cite that the level of Venezuelan credit card debt held by Martinez, which Whilst difficult to pinpoint, could be a big volume among $three billion and $ten billion.
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Martínez is referred to as currently being "closely joined" to the late Argentinian president Néstor Kirchner[1] and as getting been a "Good friend" of Kirchner's. In keeping with one source, "Every time the previous president traveled to The usa, he designed a place in his routine" for a meeting with Martínez.
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This authorized fight, documented the Instances, was "drawing back a curtain on Mr. Martínez's secretive globe" and "could have implications for other providers on the globe's speediest-expanding economies.