Ex-Siemens exec pleads guilty to Argentine bribery plot

Andres Truppel, a former financial finance officer for Siemens Argentina, admitted he had conspired to pay $100 million bribes to senior Argentine government officialsA former top executive of German giant Siemens pleaded guilty Wednesday in the US to a massive bribery scheme to win a $1 billion contract with the Argentine government. Andres Truppel, a former financial finance officer for Siemens Argentina, admitted he had conspired to pay $100 million bribes to senior Argentine government officials to land the contract to produce national identity cards, Manhattan US attorney Preet Bharara said. Truppel, a citizen of Argentina and Germany, was among nine former executives and agents of the German industrial giant that were charged in the United States with allegedly bribing Argentine government officials in December 2011.

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