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Ex-Techint Executive Admits to Paying Nearly $1 Million to Key Figure in Bribe Trial

Ex-Techint Executive Admits to Paying Nearly $1 Million to Key Figure in Bribe Trial

From La Nación · () Spanish

Translated from Spanish, summarized and contextualized by DistantNews.

At a glance

News Named sources In the courts
  • A former Techint executive, Héctor Zabaleta, testified in the "cuadernos de las coimas" (notebooks of bribes) trial.
  • Zabaleta admitted to making six cash payments totaling approximately $1 million to Roberto Baratta, a key figure linked to former minister Julio De Vido.
  • These payments, described by Techint as "improper payments" rather than bribes, occurred during a period of conflict over the expropriation of Sidor in Venezuela.

Héctor Zabaleta, a former executive at the engineering and construction giant Techint, testified Tuesday in the ongoing "cuadernos de las coimas" (notebooks of bribes) corruption trial. He admitted to making six cash payments in pesos to Roberto Baratta, a close associate of former minister Julio De Vido, which collectively amounted to the equivalent of nearly $1 million USD.

Yes, it's true.

— Héctor ZabaletaConfirming to prosecutor Fabiana León that he made payments.

Zabaleta confirmed to prosecutor Fabiana León that the transactions involved money. He stated that each delivery was in the range of 600,000 to 700,000 pesos, and that the total instruction from another executive, Luis Betnaza, was for the sum to be close to $1 million. Zabaleta affirmed that he followed Betnaza's instructions, which he understood to be logical.

They were of money.

— Héctor ZabaletaSpecifying the nature of the "packages" mentioned in the notebooks.

The situation for Zabaleta and Betnaza is unique, as they had previously been processed in the case. However, their legal proceedings were separated due to the court's determination that the payments were made under emergency circumstances, distinct from bribes related to public works. Techint emphasizes that these were "improper payments," not "bribes."

Each delivery was in the order of 600,000, 700,000 pesos. The total of the deliveries, the instruction that Betnaza had given me, was that it had to be close to one million dollars.

— Héctor ZabaletaDetailing the amount and source of the payments.

These disbursements occurred during a period of significant conflict for Techint in Venezuela, specifically concerning the expropriation of Sidor by the Hugo Chávez government in 2008. Amid negotiations for the steel company, hostility towards Argentine workers escalated, and their safe return to Argentina was not guaranteed. Argentine justice suggests the payments were intended to secure the intervention of the Argentine government, which had strong ties with Chávez's administration, to facilitate the employees' departure.

Luis instructed me to deliver those packages.

— Héctor ZabaletaIdentifying Luis Betnaza as the person who instructed him to make the payments.
DistantNews Editorial

Originally published by La Nación in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.