The fine will take the form of a grant to the Malbran Institute in Argentina, a public institution that studies infectious diseases and played a key role during the coronavirus epidemic.
Once paid, the fine would close a criminal case after photos of the first woman’s birthday celebration surfaced last year when Argentines were barred from leaving their homes. Others who joined the party at the presidential residence in Olivos, in the province of Buenos Aires, have also been accused and are currently negotiating to seal a similar financial deal.
The photos of the celebration sparked a scandal that the president was not following the rules he had set for the rest of the people.
The photo shows Fernandez and Ianez with nine others around a dinner table. No one wore a face mask.
Fernandez will pay 1.6 million pesos and Yanez 1.4 million pesos.
In an interview last week, Fernandez said that as a citizen he has the right to offer financial compensation to close a lawsuit.