German software company SAP allegedly violated the Foreign Corrupt Practices Act.
Photo: Aparna Jayakumar/Bloomberg NewsSAP has agreed to pay more than $220 million to settle foreign bribery probes brought against the German software maker by U.S. and South African authorities.
SAP and its co-conspirators paid bribes to foreign officials in South Africa and Indonesia, delivering money in the form of cash, wire transfers, political contributions and sometimes luxury goods, U.S. prosecutors said Wednesday.
Persons:
Aparna Jayakumar
Organizations:
SAP, Bloomberg
Locations:
German, South Africa, Indonesia