Argentina Central Bank faces raid request over gold derivative losses

Banco Central de la República Argentina gold derivatives Luis Caputo Santiago Bausili Deutsche Bank

Lawyer Gregorio Dalbón has expanded a criminal complaint against Argentina's Economy Minister Luis Caputo and Central Bank (BCRA) President Santiago Bausili regarding gold derivative operations conducted in 2025. The legal action also includes BCRA officials Juan Ernesto Curutchet and Nicolás Marcelo Ferro.

Following an audit by the Auditoría General de la Nación (AGN), which reported losses of USD 1,023 million from these transactions, Dalbón has requested a raid on the Central Bank. The request seeks the seizure of institutional servers and email accounts to investigate the selection of counterparties and potential improper commissions.

A central focus of the investigation is the alleged role of Deutsche Bank as a counterparty. The complaint suggests that the bank may have benefited from contracts where the right to purchase gold was sold at approximately USD 3,000 per ounce, while international market prices exceeded USD 4,000. The investigation aims to determine if these maneuvers constituted fraudulent administration, abuse of authority, or criminal association.

Entities

Banco Central de la República Argentina · Deutsche Bank · Gregorio Dalbón · Luis Caputo · Santiago Bausili

Claims

What the coverage asserts, and how many sources carry each claim.

[● 7 SOURCES] The legal request includes the seizure of Central Bank servers and institutional email accounts. www.losprimeros.tv · enredaccion.com.ar · hoydia.com.ar · www.mejorinformado.com · www.politicargentina.com · +1 more
[● 3 SOURCES] The complaint cites potential crimes including fraudulent administration, abuse of authority, and criminal association. lapioneradeclorinda.com · www.losprimeros.tv
[● 3 SOURCES] The operations allegedly involved selling rights to buy gold at approximately USD 3,000 per ounce while market prices exceeded USD 4,000. lapioneradeclorinda.com · www.losprimeros.tv
[● 8 SOURCES] The criminal complaint includes Economy Minister Luis Caputo, BCRA President Santiago Bausili, Juan Ernesto Curutchet, and Nicolás Marcelo Ferro. lapioneradeclorinda.com · www.losprimeros.tv · enredaccion.com.ar · hoydia.com.ar · www.mejorinformado.com · +2 more
[○ 1 SOURCE] Of the total losses, USD 960.2 million resulted from options and USD 62.8 million from paid premiums. panoramadenoticias.com.ar
[● 9 SOURCES] Deutsche Bank is alleged to have acted as a counterparty in the gold derivative contracts. lapioneradeclorinda.com · www.losprimeros.tv · panoramadenoticias.com.ar · enredaccion.com.ar · hoydia.com.ar · +3 more
[● 9 SOURCES] Lawyer Gregorio Dalbón requested a raid on the Central Bank to investigate gold derivative operations. lapioneradeclorinda.com · www.losprimeros.tv · panoramadenoticias.com.ar · enredaccion.com.ar · hoydia.com.ar · +3 more
[● 2 SOURCES] The AGN identified losses of USD 1,023 million from gold derivative operations during 2025. panoramadenoticias.com.ar · www.losprimeros.tv