for subscribers

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

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)
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.
Subscribe
Already a subscriber? Sign in
ZAR/USD
15.31
(-0.66)
ZAR/GBP
20.89
(-0.38)
ZAR/EUR
18.57
(-0.49)
ZAR/AUD
11.77
(-0.20)
ZAR/JPY
0.15
(-0.66)
Gold
1856.37
(+0.06)
Silver
25.29
(-0.10)
Platinum
1084.17
(-0.77)
Brent Crude
55.72
(+0.78)
Palladium
2332.50
(+0.46)
All Share
64559.85
(+0.89)
Top 40
59408.05
(+0.89)
Financial 15
11549.82
(-1.16)
Industrial 25
88868.70
(+2.65)
Resource 10
62256.06
(-0.71)
All JSE data delayed by at least 15 minutes morningstar logo
Company Snapshot
Voting Booth
Please select an option Oops! Something went wrong, please try again later.
Results
Yes, and I've gotten it.
21% - 740 votes
No, I did not.
52% - 1836 votes
My landlord refused
27% - 977 votes
Vote