INSTITUTO MIXTO DE INVERSIONES MOBILIARIOS (IMIM)

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP82-00457R002700420005-5
• Release Decision: RIPPUB
• Original Classification: C
• Document Page Count: 2
• Document Creation Date: November 9, 2016
• Document Release Date: December 10, 1998
• Sequence Number: 5
• Publication Date: April 12, 1949
• Content Type: REPORT

Approved For elease 1 iiL 82-00457R002700420005-5
CENTRAL I V REPORT NO.
CD NO.
25X1A2g
DATE DISTR,3 Y 1 A2g
NO. OF PAGES 2
NO. OF ENCLS.
(LISTED BELOW)
SUPPLEMENT TO
ornnoT K9^
1. The InFtituto'f xto de Inversiones Mobiliarios (IP: ) was originally organized
in Argentine in 1947 for the purpose of permitting high officials of the Casa
Rosada and ';he Central Bank to invest their personal fortunes and to utilize
government .-ands for their own profit. The Argentina government originally
allotted to I'Nal a sure of 100 million pesos, to be used in part to buy up
on the Argentine stock exchange declining issues 'Which were already in the
possession if high government officials but needed bolstering,
A typical operation engineered by Ill involved the Industrializadora de
Lanas Urugi yas, S.A. (Lanasur) of 1.4ontovideo. IP'11M accepted 5 million
Uruguayan pesos (debentures) froi- Lenesur at a time when Lanesur was losing
money and ;: uld show a working cd pital of only 7 or 8 million Uruguayan pesoso
Compania f,t~3:iles$ Diques y Flotant.es, a subsidiary of Lanasur, was also losing
money and -ias unable to pay the dividends on ity preferred stocks at, the end
of the flsk al year, II July 10,4?3. This operation received the blessing of
Argentine d'?^esidsn.t Peron and 0rl,1;nd,.- Maroglio, former president of the
Argentine I-entral Bank.
3., Certain re(ent developments conceriaiug IWT4 are as follows.
a~ INTY,1 h,v=5 received another 100 million pesos from the government for the
sole pi.pose of concealing recent t~ tback,y. in the Argentine stock exchen ge
b~ 10.freen Gomez Morales,, nevi., head of Central Bank, has received approxi-
matel 500,000 pesos from Iii.
l:MIM 'ias advanced a sum of 2 million pesos to the Federal Police for
unkno-en pntrposes
d,, Juan Duarte, 1rsa Per?on's brother, h?am- abandoned his interest in I1411'a
because )i its uncertain future?
e. 4lbertc Dodero, Argentine shipping mag:aate, is believed to have intimate
connec?,:ions with I iIM0
fv Jose Ague]. Figuerola, former technical. secretary to President Peron, has
been suggested as Possible director of I U.11ta
UVW
-Co-( HAr fnZ1as`9:
o DECLASS D
Class. CHANGED TS S C
co r L Auth: DDA REG.' 77 17 77
Approved For Release 1999/ IA-RDP82-00457R003ZPq42~ Ey:
COUNTRY Argentina
,SUBJECT Instituter Mixto de Inversiones ?fobiliarios (IWI1,.)
PLACE
ACQUIRE
DATE OF
 Approved For Release 1999/0/09 : CIA-RDP82-00457R002700420005-5
DENTIAL
25X1A2g
4 The condition of the Argentine stock exchange is the most pressing problem
cur ?ent.l,y before I IM officials. A move is under way to acquire funds from
be Industrial Bank in. order to boiater the market.
/9!"~A-?crr V.r.~ ~.
Approved For Release 1999/09/09 : CIA-RDP82-00457R002700420005-5