A construction tycoon with links to two Argentine presidents is held over an alleged money laundering scandal. Rough cut - subtitled (no reporter narration).
EDITORS PLEASE NOTE: EDIT CONTAINS MATERIAL WHICH WAS ORIGINALLY 4:3 ROUGH CUT- SUBTITLED (NO REPORTER NARRATION) Authorities in Argentina have arrested a businessman linked to the late president Nestor Kirchner and his wife, and successor Cristina Fernandez on Tuesday (April 5). The arrest is part of an investigation into an alleged money laundering case in the South American country. Construction tycoon Lazaro Baez was arrested shortly after his private plane landed at San Fernando airport near Buenos Aires after a flight from Patagonia. Also arrested were Baez's son Martin and his accountant Daniel Perez Gadin. The suspects are being questioned for alleged money laundering after video footage emerged of Martin Baez and Perez Gadin counting large sums of cash at SGI Argentina, a company being investigated by authorities. Lazaro Baez secured public work contracts during the administrations of Kirchner and Fernandez. He is accused of embezzling and laundering about $5.1 million dollars, which he denies.