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Bloomberg claimed that "Telecom Argentina plus the neighborhood device of fellow Mexican billionaire Trim's The us Movil SAB (AMXL) Each individual have about a third of the country's wi-fi market place." Noting that "Fintech has investments in Argentina's sovereign debt and also in many restructured corporations such as a stake during the region's biggest cable corporation, Cablevisión SA," Bloomberg quoted Martínez as stating, "We see huge options for expansion within the Argentine current market and are committed to a vital investment software to take advantage of Individuals options."[12]
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The Mexican media consult with Martínez like a "ghost investor."[seven] One particular source phone calls him "a discreet gentleman" who despite his significant investments stays broadly "mysterious." Reportedly, only one photograph of him are available online, which was taken by Kirchner's photographer, Bugge Victor, the official photographer for Argentina presidency, at Argentina's consulate in The big apple.
The Occasions traced the story to 2009, when Martínez loaned Vitro $seventy five million in exchange for that title to various of its Homes and an option to institutional financial solutions return them to Vitro later on in exchange for your 24 % stake inside the agency. In 2010, Martínez "went to the several banking companies that Vitro owed revenue to and bought the promises," Hence turning into the agency's "most important personal exterior creditor, proudly owning about $600 million really worth of statements.
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Martínez has been referred to as being "intently joined" for the late Argentinian president Néstor Kirchner[one] and as possessing been a "Buddy" of Kirchner's. According to one supply, "whenever the former president traveled to the United States, he designed a place in his plan" for a gathering with Martínez.
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