It was not Higuain's day on July 13, 2014. The then-Napoli forward was through on goal in the first half at the Maracana but snatched his shot wide of the target before also seeing a goal disallowed for offside.
It would ultimately end in heartbreak for Higuain and 'La Albiceleste' as Mario Gotze went on to score the winning goal in extra-time as Germany sealed their fourth World Cup.
Speaking about the game in his autobiography 'Generacion Lio', Basile was less than complimentary about the 30-year-old's performance that day.
He wrote: "Of all the players, the one that was most singled out by the people for blame was Gonzalo Higuain.
"They do not want him in their squad because when that World Cup is remembered, the chance he missed at the start is what cost us the title.
"The truth is that it's difficult to explain what happened to him, because suddenly he was unmarked, had the ball at his feet and was 20 metres from goal with every option open to him and could place the ball anywhere, but instead the mist descended and he fired it wide.
Basile concluded: "It's not good to say that he soiled himself, but that's basically what happened. He was weighed down by the responsibility of realising he was about to score the goal that gave Argentina the World Cup and would gain immortality."