Central Bank chief Martin Perez Redrado has resigned, saying "I feel that my term at the head of the Central Bank has concluded and I have decided definitively to leave the office of president of the Central Bank, satisfied with the duties I have performed." After a drawn-out clash with President Cristina Kirchner over the appropriation of $6.5 billion in bank funds, Redrado decided to resign while the congress was still deliberating his dismissal.30 January 2010
ARGENTINA: Embattled Central Banker Redrado Resigns.
BLOOMBERG/
Central Bank chief Martin Perez Redrado has resigned, saying "I feel that my term at the head of the Central Bank has concluded and I have decided definitively to leave the office of president of the Central Bank, satisfied with the duties I have performed." After a drawn-out clash with President Cristina Kirchner over the appropriation of $6.5 billion in bank funds, Redrado decided to resign while the congress was still deliberating his dismissal.Officials shrugged off his announcement, insisting that a sacked employee has no post from which to resign. "For us, there is no resignation."
Central Bank chief Martin Perez Redrado has resigned, saying "I feel that my term at the head of the Central Bank has concluded and I have decided definitively to leave the office of president of the Central Bank, satisfied with the duties I have performed." After a drawn-out clash with President Cristina Kirchner over the appropriation of $6.5 billion in bank funds, Redrado decided to resign while the congress was still deliberating his dismissal.