Settings
Light Theme
Dark Theme

Software firm SAP to Pay $220m over Bribery Charges

Software firm SAP to Pay $220m over Bribery Charges
Jan 12, 2024 · 1m 5s

Global software giant SAP has agreed to pay more than $220m to settle bribery charges involving government officials around the world. The money and gifts, typically routed via outside business...

show more
Global software giant SAP has agreed to pay more than $220m to settle bribery charges involving government officials around the world.
The money and gifts, typically routed via outside business consultants, were intended to help win business in South Africa, Indonesia and elsewhere, according to US officials.
The schemes allegedly operated from at least December 2014 until January 2022.
SAP said it had cooperated with investigators and overhauled policies.
Subsidiaries of the firm in operating in five countries in Africa, Azerbaijan and Indonesia engaged in bribery schemes, repeatedly breaking company policies that were intended to guard against corruption.
show less
Information
Author Africa Business Radio
Website -
Tags

Looks like you don't have any active episode

Browse Spreaker Catalogue to discover great new content

Current

Looks like you don't have any episodes in your queue

Browse Spreaker Catalogue to discover great new content

Next Up

Episode Cover Episode Cover

It's so quiet here...

Time to discover new episodes!

Discover
Your Library
Search