Why the SIU is going after German tech company SAP

  • 📰 TimesLIVE
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 59%

France Nouvelles Nouvelles

The Special Investigating Unit says a German technology company bribed the Guptas to obtain a lucrative Eskom contract.

“SAP secured the contract in circumstances where there was already an agreement in place [to provide services] SAP sought to provide. [This] was due to expire in 2017. A number of the products purchased by Eskom were not used by it, they were not validly approved by Eskom, and approval was not obtained from National Treasury.”“Eskom incurred fruitless and wasteful expenditure in respect of the enabling and cloud services agreement in the amount of R385m ,” said the SIU.

“The overwhelming probability is the influence used was that of the Guptas, who at that stage owned 50% of CAD,” he said.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 28. in FR

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Why the SIU is going after German tech company SAPWhy the SIU is going after German tech company SAP: The Special Investigating Unit says a German technology company bribed the Guptas to obtain a lucrative Eskom contract.
La source: SABreakingNews - 🏆 41. / 51 Lire la suite »

SIU fails to recoup R92m from company that scored tender without biddingThe Special Investigating Unit has failed in its attempt to recoup more than R92m paid by the Amahlathi local municipality in the Eastern Cape to businessman Mcebisi Mlonzi. Hahahaha This actually needs a proper thread 📂 Eastern Cape is a pandemic haaibo!!!! Ei! Looks like the judge got it horribly wrong here
La source: TimesLIVE - 🏆 28. / 59 Lire la suite »