Multinational tech firm Gartner’s revealing self-disclosure about its corrupt 2015 deal with the SA Revenue Service leaves South Africans with two questions: Did tech businessman Patrick Monyeki bribe then tax boss Tom Moyane to bat a R200-million tech contract to Gartner and, crucially, why ar.
The Foreign Corrupt Practices Act is a money-raiser for the American taxpayer, not for the victims of overseas crimes. It does impose an obligation on the company to change its ways, but it doesn’t require the company to clean up its poop in the place it was unceremoniously deposited.
The Securities and Exchange Commission says the US consultancy violated anti-bribery and internal accounting control provisions of the Foreign Corrupt Practices Act.
The US Securities and Exchange Commission (SEC) has fined consultancy Gartner $2.44-million (R50-million) for its role in State capture linked to the South African Revenue Service (Sars). Gartner agreed to pay the fine without confirming or denying the SEC's findings.