That scores of fugitive Nazis found their way to Argentina after World War II, aided and abetted by Gen. Juan D. Perón, is no secret. But according to a book just published here that draws extensively on archival material only now being made available to researchers, his government also offered a haven for the profits of German companies that had been part of the Nazi war machine and whose assets the victorious Allies would otherwise have seized.
In "The German Connection: The Laundering of Nazi Money in Argentina," Gaby Weber, a German journalist, argues that the Perón dictatorship sponsored an operation to move illicitly obtained wealth to Argentina and then back to Germany. For nearly a decade, her book asserts, German-made cars, trucks, buses and even the machinery for entire factories flowed into Argentina, paid for with dollars that were then used to help finance the "German economic miracle."
To the chagrin of Argentines who still revere him and his wife, Evita, the evidence she presents indicates that Perón and a few favorites around him also took a cut. But Ms. Weber, who has lived and worked in South America since the mid-1980's, said she was mainly interested in what she described as two parallel but complementary money streams to and from Germany, which were involved in and benefited from the arrangement.
"One must make a distinction between the Nazi Party organization and the companies, which had no interest in financing a Nazi resurgence," she said in a recent interview here. "My focus is on the official Argentine government operation to help those companies launder their money, but a lot of Nazis also did it on their own, hoping to reconstruct the party" from their hiding places here.
Ms. Weber's book, published in German and Spanish, is based in part on research in the corporate archives of Mercedes-Benz and on interviews with Argentines and Germans who took part in the scheme. But she also consulted government records of Germany, the United States and, particularly, Argentina, where she found transcripts of interrogations of participants after Perón's ouster in September 1955, and other official documents that until now were generally off-limits to researchers.
According to the documents Ms. Weber cites, the laundering operation involved both the consistent overcharging for goods exported from Germany to Argentina and billing for nonexistent transactions. But the Argentine Central Bank also cooperated by permitting transactions to be conducted at an exchange rate unusually favorable to German companies.
"The German Connection" focuses largely on Mercedes-Benz, the automobile, bus and truck manufacturer that is today a unit of Daimler-Chrysler. But others offered by Ms. Weber as beneficiaries of the plan include German makers of electrical and railway equipment and other capital goods, as well as producers of items as varied as tractors and television sets.
"It is impossible to calculate the exact amount of money laundered in Argentina between 1950 and 1955," Ms. Weber said. "But it probably corresponds to well over a billion dollars."
According to Argentine documents seized after the overthrow of Perón, about half of one large shipment of Mercedes sedans to Argentina went directly to the president's office. Perón appears to have kept four cars himself, but sent the others to judges and prosecutors, politicians, journalists and others whose support he was seeking.
Ms. Weber also found documentary evidence that in at least a couple of cases, entire factories were shipped to Argentina for reassembly here. Perón envisioned Argentina as an industrial power and apparently saw the importing of German equipment and experts as the best way to jump-start aircraft, chemical and other industries.
"Most of the machinery came from Rotterdam, though we don't know how it got there," Ms. Weber said. She added that most of the equipment appeared to be German in origin, though some was probably looted from Czechoslovakia or other conquered East European nations.