Federico ‘Fred’ Machado, the Argentine businessman under investigation in the United States on money-laundering and drug-trafficking charges, has admitted to having funded part of national deputy José Luis Espert’s 2019 presidential campaign.

Espert, who had been tapped as President Javier Milei’s top candidate for the ruling party in Buenos Aires Province in this month’s midterm elections, resigned his candidacy for lawmaker on Monday with revelations about his relationship with Machado dominatin

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