Software firm SAP has voluntarily disclosed its findings in the investigation into wrongdoing at the local branch of the firm.
In July SAP was accused of paying CAD House millions to secure contracts with Transnet.
A statement published today reveals that to date there is no evidence that the firm paid a South African government official, Transnet or Eskom employees.
That aside SAP has discovered issues of misconduct in the management of Gupta-related third parties.
In lieu of this, three SAP employees that were placed on administrative leave at the outset of the investigation are now facing disciplinary action.
“As a global company with a commitment to integrity and compliance, the past three months have been humbling for us,” said executive board member at SAP Adaire Fox-Martin who has been investigating the matter on behalf of SAP.
“We cannot emphasize enough how seriously the SAP Executive Board takes these allegations, or how committed we are to managing this process in a transparent, ethical and responsible way,” Fox-Martin added.
Righting the ship
As result of the last few months of trouble SAP has instituted a process change in countries where the Corruption Perception Index (CPI) rating is below 50.
Moving forward any countries that fall below a score of 50 will see sales commissions on public sector deals eliminated. South Africa’s CPI rating is 45 as of the 2016 index.
The global firm will also deploy additional legal compliance staff to the SAP Africa market unit.
SAP will publish full findings of its investigation upon conclusion of the investigation.[Source – SAP]