▁stated ▁that ▁around ▁US $ 8 5 ▁billion ▁had ▁been ▁transferred ▁from ▁Argentina ▁to ▁around ▁ 4 , 0 0 0 ▁such ▁accounts ▁as ▁part ▁of ▁a ▁massive ▁scheme ▁that ▁began ▁in ▁ 2 0 0 0 , ▁resulting ▁in ▁tax ▁ev asion ▁losses ▁of ▁ 6 0 ▁billion ▁pes os ▁( US $ 7 ▁billion ); ▁with ▁the ▁sole ▁exception ▁of ▁Ban co ▁Cred ico op , ▁all ▁ 6 0 ▁major ▁banks ▁in ▁Argentina , ▁including ▁several ▁local ▁offices ▁of ▁foreign ▁banks , ▁had ▁been ▁involved . ▁ ▁Another ▁similar ▁case ▁was ▁that ▁of ▁H SB C ▁Bank ▁Argentina , ▁which ▁the ▁ 2 0 1 4 ▁Swiss Le aks ▁sc andal ▁revealed ▁to ▁have ▁facil itated ▁tax ▁ev asion ▁on ▁US $ 3 . 8 ▁billion ▁by ▁over ▁ 4 , 0 0 0 ▁local ▁account ▁hold ers . ▁According ly , ▁the ▁A FI P ▁re venue ▁b ureau ▁had ▁the ▁courts ▁issue ▁an ▁international ▁arrest ▁war rant ▁on ▁Miguel ▁Ab adi , ▁whose ▁G E MS ▁fund ▁account ed ▁for ▁at ▁least ▁US $ 1 . 4 ▁billion ▁of ▁this ▁total . ▁ ▁Media ▁groups ▁The ▁larger ▁media ▁con gl omer ates ▁in ▁Argentina , ▁particularly ▁the ▁Clar ín ▁Group ▁and ▁La ▁N ación , ▁opp ose ▁anti - tr ust ▁laws ▁passed ▁during ▁Crist ina ▁Kirch ner ' s ▁administration ▁to ▁replace ▁media ▁ownership ▁laws ▁en act ed ▁in ▁ 1 9 8 0 ▁under ▁the ▁last ▁dict ator ship . ▁Media ▁cons olid ation ▁has ▁become