Software company SAP ordered to repay more than R400m after Special Tribunal sets aside contracts

  • 📰 TimesLIVE
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 59%

ประเทศไทย ข่าว ข่าว

Multinational software company Systems Applications Products has been ordered to repay the department of water and sanitation more than R400m, R263m of which must be paid 'within five days of the date of the order'.

“The R413m represents the total amount paid by DWS to SAP pursuant to the 2015 and 2016 software licence and support contracts.

“The Special Tribunal further ordered SAP to pay DWS R263,282,173 within five days of the date of the order, with any remainder to be paid after the tribunal’s determination of whether any further amount should be deducted from the amount due. In terms of the Special Tribunal order, DWS may not use any of the software licensed under the 2015 and 2016 licence agreements.”

A disputed sum of about R83m for third party costs incurred by SAP and the no-profit principle will be adjudicated on by the tribunal and a further order made as to the repayment of any portion of the R83m to DWS. “The SIU and DWS welcome the Special Tribunal order as it sends a strong message to officials and companies doing business with the state that collusion and unethical business practice will not be rewarded,” read the statement.

 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว

For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him williamchurch09 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success⚖️

เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 28. in TH

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

SAP ordered to pay Water Department more than R413 million - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The multinational software company, SAP, has been ordered by the Special Tribunal to pay back more than R413 million to the Water and Sanitation Department. SIUSpecialTribunal
แหล่ง: SABCNews - 🏆 37. / 51 อ่านเพิ่มเติม »

LIVE: SABC, SIU and Hlaudi Motsoeneng - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The Special Investigating Unit (SIU) Special Tribunal will on Monday hear a review application in the matter between former SABC chief operations officer, Hlaudi Motsoeneng and the public broadcaster.
แหล่ง: SABCNews - 🏆 37. / 51 อ่านเพิ่มเติม »