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Argentine Navy fraud probe: $1.6B in phantom personnel payments
La Nación (Argentina)LO·AR·2 days ago
The Navy Chief has removed nine members from duty and filed a complaint with Federal Court No. 2 over alleged corruption. The specific nature of the allegations and the identities of those removed are not disclosed, leaving the scope and severity uncertain. This action signals internal accountability within the navy but has limited immediate market or geopolitical impact.