Argentina's Adorni reports 944 million pesos in assets, including the homes from the probe
Key takeaways
- Argentina's Cabinet Chief, Manuel Adorni, declared assets of 944,575,052 pesos —about $653,000 at the 1,446-peso exchange rate he used— in the sworn declaration for 2025 he filed before the Anti-Corruption Office.
- The document reports assets of those 944.6 million pesos and debts of 317.3 million (about $219,000), with a net worth of close to 627 million (about $434,000).
- Among the properties is the house in the Indio Cu gated community, in Exaltaci n de la Cruz, deeded in his wife's name in November 2024 and not detailed then.
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Argentina's Cabinet Chief, Manuel Adorni, declared assets of 944,575,052 pesos —about $653,000 at the 1,446-peso exchange rate he used— in the sworn declaration for 2025 he filed before the Anti-Corruption Office. The filing, now public, for the first time incorporates the properties that had surfaced in the judicial investigation for alleged illicit enrichment.
The document reports assets of those 944.6 million pesos and debts of 317.3 million (about $219,000), with a net worth of close to 627 million (about $434,000). The figure is 42.5% higher than what he had declared at the start of 2025 and is part of a series of amendments: when he took office in late 2023, Adorni had declared assets of about 61 million pesos, and a year later 107.9 million; after admitting he kept undeclared savings, he revised those amounts upward.
Among the properties is the house in the Indio Cu gated community, in Exaltaci n de la Cruz, deeded in his wife's name in November 2024 and not detailed then. He acquired it for $200,000 and carried out renovations worth $245,000 which —according to sworn testimony by the contractor Mat as Tobar— were paid in cash and without invoices. He also included an apartment on Mir Street, in the Buenos Aires neighborhood of Caballito, bought in November 2025 for $230,000: he put in $30,000 in cash and took on the remaining $200,000 through a private mortgage with two retired women who owned the property and who appear as his main creditors. His previous home, in Parque Chacabuco, is listed for sale at about $289,000, and an apartment in La Plata, which in 2024 he had declared as a family donation of 105 square meters, now appears as acquired with own income and with half that area.