AP Interview: Argentine leader says outraged by corruption

Argentina's president says he is outraged by corruption that seeped into all facets of society during his predecessor's administration and believes that the upcoming visit of U.S. President Barack Obama will lead to billions of dollars in investment.

President Mauricio Macri spoke with The Associated Press at the presidential residence on the outskirts of Buenos Aires.

Macri assumed power in December after campaigning on promises to clean up corruption and open up Latin America's third largest economy. He said Wednesday that Obama's two-day visit next week would give both his nation and his presidency a boost. The last state visit by an American president was by Bill Clinton in 1997.