Why the SIU is going after German tech company SAP

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Why 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.

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

“SAP paid approximately R73m of the money it received ... to CAD. CAD in turn made payments to other Gupta front companies,” said Allie. “The overwhelming probability is the influence used was that of the Guptas, who at that stage owned 50% of CAD,” he said. “Ultimately, at the time of the conclusion of these agreements, Eskom’s CFO was already allied with the Guptas. Put differently, Eskom was being controlled by the Guptas.

 

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