He also announced that his government will appeal the ruling in all available instances to defend public assets: "We're going to appeal this ruling in every instance that applies to defend national interests," he said.
The ruling obliges the Argentine State to transfer 51% of YPF's shares
He also announced that his government will appeal the ruling in all available instances to defend public assets: "We're going to appeal this ruling in every instance that applies to defend national interests," he said.
Following the decision by the United States judiciary, which compels Argentina to hand over 51% of YPF's shares, President Javier Milei harshly targeted former Minister of Economy and current Buenos Aires governor Axel Kicillof, whom he described as a "useless Soviet" and held responsible for having ruined the country's economy.
After Judge Loretta Preska of the Southern District Court of New York issued a ruling requiring the Argentine State to transfer 51% of YPF's shares to a custody account as part of the enforcement of the judgment for the 2012 expropriation, in which the State was ordered to pay USD 16.1 billion, President Javier Milei replied with a direct message.
Through his social media, the head of state held Axel Kicillof, then Minister of Economy, responsible for having led the country to this critical situation.
"We just found out that Judge Preska ruled against the Argentine State in the YPF expropriation case. Regardless of the underlying issue, having brought the country to this situation is the direct responsibility of the useless Soviet Axel Kicillof when he was Minister of Economy during the second presidency of the convicted CFK," wrote the President, also alluding to the corrupt former president Cristina Fernández de Kirchner.
In his message, Milei stated that "it wasn't enough for him to ruin the Argentine economy, so now he's working on destroying Buenos Aires province," referring to Kicillof's current role as Buenos Aires governor.
The head of state concluded his message by recalling that he had issued a warning about Kicillof: "I WARNED THAT THE SOVIET IS AN IDIOT!"
Today's ruling in the United States once again places Kicillof at the center of the debate over the costs of a disastrous economic policy marked by ideological whims, improvisation, and uselessness.
Meanwhile, as the national government seeks to appeal the measure and prevent the execution of YPF's assets, the debt accumulated during the Kicillof era continues to shape Argentina's economic and legal agenda.
The total sum of mistakes, lawsuits, and failed negotiations by Kicillof exceeds 40 billion dollars, a figure that seriously compromises national finances and continues to mortgage the country's future.