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German SAP company to pay SIU R500 million for invalid contracts

German SAP company to pay SIU R500 million for invalid contracts
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South Africa: Special Investigating Unit on order by Special Tribunal to Systems Applications Products (SAP)

South Africa: Special Investigating Unit on order by Special Tribunal to Systems Applications Products (SAP)
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South africaSouth africanCyril ramaphosaCloud services agreementSale commission agreementNational prosecuting authorityHigh courtApplications productsSpecial tribunalSpecial investigating unitEnabling agreementPublic finance management actPresident cyril ramaphosaSpecial investigating unitsSpecial tribunals act

German software firm in Eskom tender scandal ordered to pay R500 mil

German software firm in Eskom tender scandal ordered to pay R500 mil
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South africaUnited statesKaizer kganyangoCloud services agreementDepartment of justiceNational prosecuting authoritySystems applicationsSpecial tribunalPublic finance management actEnabling agreementCloud computing

Big company ordered to pay back Eskom s millions!

The Special Investigating Unit (SIU) spokesman Kaizer Kganyago said the order of the Special Tribunal is part of the implementation of the SIU investigation outcomes.

Kaizer kganyagoSale commission agreementCloud services agreementInvestigating unitSystems applications productsSpecial tribunalEnabling agreementPublic finance management actWhatsapp channel

SIU gives SAP until next week to pay back R500m earned from invalid contracts

SAP scored two contracts at Eskom between 2013 and 2016 valued at over R1 billion for software licences, maintenance, and support. The contracts have been declared invalid.

South africaKaizer kganyagoCloud services agreementSpecial investigating unitEnabling agreementPublic finance management actSpecial tribunal