Argentina Orders Arrest Of Former U.S. Treasury Undersecretary

Argentine judge orders arrest of Credit Suisse executive (Reuters, Sep 3, 2012):

* Court probe dates back to 2001 debt exchange

* State news agency says Mulford failed to testify

* Mulford was U.S. Treasury undersecretary, ambassador

BUENOS AIRES, Sept 3 (Reuters) – A judge in Argentina has ordered the arrest of Credit Suisse executive and former U.S. Treasury Undersecretary David Mulford because he failed to testify over a 2001 Argentine debt swap, the state news agency reported on Monday.

Federal Judge Marcelo Martinez de Giorgi will ask Interpol to issue an international arrest warrant seeking Mulford’s extradition for questioning over the bond exchange carried out by the government in an unsuccessful bid to avoid default.

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