An Argentine court has indicted two executives of agribusiness giant Cargill for suspected tax evasion, the tax agency said on Friday.
Last week, authorities raided the local premises of fellow global grains exporter Bunge after the AFIP tax agency accused the company of evading close to $300 million in income tax between 2007 and 2009. Bunge has denied the charge.
Cargill Argentina is under suspicion of evading at least 56 million pesos ($14 million), the statement said, adding that Bunge executives could also be indicted.
Argentine President Cristina Fernandez commented on the case on Wednesday via her Twitter account saying: “it’s incredible, the more they earn the more they evade.”