Argentine President Cristina Fernandez has accused Grupo Clarin of biased reporting and is now backing reforms she says will help modernise the media industry. However, other groups have said her goal is to cripple Clarin, Argentina's largest media company and publisher of the daily newspaper Clarin, the BBC reported Friday.

On Thursday, more than 200 tax inspectors searched the Clarin newspaper's Buenos Aires offices. Officials dubbed the raid "routine," while the newspaper said it was "harassment" from the government.

"There are no more doubts about what the bill's aims are. It's meant to damage an economic group and not to help citizens," Deputy Julian Obiglio, head of the center-left PRO party in the lower house, said in a statement, according to Momento 24.

Grupo Clarin spokesman Martin Etchevers told a local TV station that the raid made it clear Clarin is being targeted, saying "this kind of inspection has never occurred in the history of Clarin," Momento 24 reported.