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| Panama Papers: Argentina President Macri has 'nothing to hide' | |
| (about 11 hours later) | |
| Argentine President Mauricio Macri has pledged to assert his innocence when he appears before a federal prosecutor to explain his financial dealings. | |
| An investigation began on Thursday after it transpired Mr Macri was mentioned in the Panama Papers, leaked files of law firm Mossack Fonseca. | |
| According to local media reports, Mr Macri was listed as director of an offshore company in the Bahamas. | |
| In a TV address, President Macri vowed to prove he had done nothing wrong. | |
| He said he wanted to co-operate fully with any inquiry. | |
| "I know there are some people concerned about these allegations in the Panama Papers that have come out and involve me," he said. | |
| "I want to say one more time that I am very calm, I have complied with the law, I have told the truth and I have nothing to hide." | |
| Change ahead- Mauricio Macri's vision for Argentina - BBC ..- | |
| Argentine 'tornado' Macri woos Obama | |
| The president said that he had made clear in his initial declaration that he did not have any shares and did not receive any payment for acting as a director of offshore companies. | |
| He said that on Friday he would be submitting a judicial "declaration of certainty" so that prosecutors can see he is telling the truth. | |
| Mr Macri's office has insisted that he had no shares in the company in question and never received any income from it. | |
| Argentina's national tax authority and anti-corruption office will be asked to provide information to the inquiry. | Argentina's national tax authority and anti-corruption office will be asked to provide information to the inquiry. |
| Prosecutor Federico Delgado said he wanted to determine if Mr Macri had "omitted, with malicious intent" mentioning his reported role in the Bahamas-registered offshore company Fleg Trading. | Prosecutor Federico Delgado said he wanted to determine if Mr Macri had "omitted, with malicious intent" mentioning his reported role in the Bahamas-registered offshore company Fleg Trading. |
| La Nacion, one of the newspapers examining some of the leaked documents, reported that Mr Macri was listed as a director of Fleg Trading from 1998 until 2009. | La Nacion, one of the newspapers examining some of the leaked documents, reported that Mr Macri was listed as a director of Fleg Trading from 1998 until 2009. |
| More on the Panama Papers | More on the Panama Papers |
| Mr Macri did not list the company in his 2007 financial declaration, when he became mayor of Buenos Aires, or in his 2015 declaration when he became president. | Mr Macri did not list the company in his 2007 financial declaration, when he became mayor of Buenos Aires, or in his 2015 declaration when he became president. |
| On Tuesday, Mr Macri's office confirmed that a business group owned by the president's family had set up an offshore company through the law firm at the centre of the Panama Papers scandal. | On Tuesday, Mr Macri's office confirmed that a business group owned by the president's family had set up an offshore company through the law firm at the centre of the Panama Papers scandal. |
| But his office argued that because he had never received any income from it there had been no reason to mention it in the financial declarations. | But his office argued that because he had never received any income from it there had been no reason to mention it in the financial declarations. |
| Mr Macri campaigned on a promise to combat corruption. | |
| Panama Papers - tax havens of the rich and powerful exposed | Panama Papers - tax havens of the rich and powerful exposed |