UPDATE 2-Ex-Siemens exec pleads guilty in U.S. in Argentine bribery case
(Adds more detail about guilty plea)
By Nate Raymond
NEW YORK, Sept 30 (Reuters) - A former Siemens AG executive pleaded guilty on Wednesday in U.S. court to participating in a $100 million scheme to bribe Argentine officials to win a contract to produce national identity cards.
Andres Truppel, a former chief financial officer of Siemens Argentina, entered his plea to one count of conspiracy in federal court in New York, four years after he was indicted by U.S. authorities alongside seven other Siemens executives.
Truppel, 60, told U.S. District Judge Denise Cote he participated in a scheme to secure a $1 billion contract with the Argentine government to produce national identity cards by paying tens of millions of dollars.
"I know this conduct was wrong," Truppel said in court. "I regret it."
Truppel, the first of the defendants to appear in court to answer the U.S. charges, voluntarily returned from Argentina, according to a spokesman for Preet Bharara, the U.S. Attorney in Manhattan.
Under a plea deal, Truppel, a citizen of Germany and Argentina, agreed to cooperate with authorities. He previously reached an $80,000 settlement in 2014, resolving a related civil case with the U.S. Securities and Exchange Commission.
Siemens in 2008 agreed to pay over $1.3 billion to resolve wide-ranging bribery investigations in the United States and Germany involving the German engineering group. Continuación...