SAP suspends SA execs over ‘R100m kickbacks’ for Gupta front

Matthew le Cordeur, with Carin Smith

Share your Subscriber Article

You have 5 articles to share every month. Send this story to a friend!

SAP says that big data technologies will make a significant impact on society. (Duncan Alfreds, Fin24)

Cape Town – Software multinational firm SAP has suspended South Africa’s management team after a #GuptaLeaks exposé by AmaBhungane and Scorpio revealed it allegedly paid a Gupta front R100m in kickbacks for state business.

SAP has initiated an independent external investigation as well as an internal probe into the matter.

The current management team has been placed on leave pending the findings of the review, SAP said in a statement on Wednesday.

There’s more to this story

Subscribe to News24 and get access to our exclusive journalism and features today.

Already a subscriber? Sign in

Next on Fin24

Covid-19 challenges made Brimstone 'go to gym' and come out fitter, says CEO

04 Mar