SAP ordered to pay $26.4M in South Africa energy firm dispute

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SAP ordered to pay $26.4M in South Africa energy firm dispute
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SA Special Investigating Unit orders payment within 7 days following alleged breach of public finance laws

A Special Tribunal in South Africa has ordered the German software giant SAP to pay a R500 million settlement within a week following a long-running investigation into compliance with public finance laws.from South Africa's anti-corruption Special Investigation Unit, the payment results from an agreement reached by SIU and SAP on the validity of two contracts awarded by Eskom, the energy firm. The agreement was upheld by the Special Tribunal, the SIU said.

Chemical engineer and former Eskom exec Dan Marokane rejoins as CEO this month, and is widely hoped to help the struggling org create more transmission capacity.

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