Top technology firm SAP suspends SA execs, opens probe #Guptaleaks

There have been several developments around the #GuptaLeak emails this week.

On Tuesday, the Daily Maverick and amaBhungane reported that SAP paid kickbacks in the form of sales commissions to a small Gupta-controlled company that specialises in selling 3D printers, helping SAP clinch a deal worth R1 billion with rail and logistics company Transnet and other state-owned firms.

SAP denied it was party to laundering the payments, arguing that the company CAD House had “the necessary skills in terms of positioning our solution” and was paid a sales commission for acting as “an extension of the sales force”.

After strong denials, German software firm now says it has put some members of its South African team on administrative leave, after claims that they’d given a small Gupta-linked firm $ 100 million to help them get a contract with Transnet.

Editor of the Financial Mail, Rob Rose says this is a turnaround.

LISTEN: How SAP is entangled in the Gupta web of controversies

The MD's first reaction was threaten action against the media, saying the allegations were unfounded but as evidence continues to appear and the document itself has emerged, it seemed only right that these four executives are now on administrative leave.

Rob Rose, editor of the Financial Mail

It speaks of a sales commission to a company which is partly owned by Duduzane Zuma and the Gupta family.

I am just amazed that a company like SAP wasn't alive to a potential conflict that was created to have a President's son and President's friend doing business with them an d this didn't raise any alarm bells.

Rob Rose, editor of the Financial Mail

At the same time, more claims have emerged about Mark Pamensky who was a director of Oakbay and Eskom at the same time.

There are suggestions that he helped the Gupta family negotiate a discount of almost R2 billion when they bought Glencore’s Optimum Coal in 2015.

READ:"After Glencore sold Optimum to the Guptas, Eskom reduced the R2.1 billion fine"

The emails suggest he played a role in helping the Gupta family buy Optimum coal....Pamensky has since resigned from both companies but as the Gupta leaks emerge it clearly hasn't let him off completely.

Rob Rose, editor of the Financial Mail

Click on the link below to listen to the full audio...

702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
SAP (fingered for alleged involvement in Gupta kickbacks) can learn from MTN

SAP (fingered for alleged involvement in Gupta kickbacks) can learn from MTN

The Money Show’s Bruce Whitfield interviews Techcentral Editor Duncan McLeod.

SAP denies paying kick backs to Gupta controlled company

SAP denies paying kick backs to Gupta controlled company

An amaBhungane investigation has linked a little known Gupta linked company to the German software giant, SAP.

"After Glencore sold Optimum to the Guptas, Eskom reduced the R2.1 billion fine"

"After Glencore sold Optimum to the Guptas, Eskom reduced the R2.1 billion fine"

Deputy Editor of the Financial Mail, Sikonathi Mantshantsha says the Gupta-owned mine only had to pay 10% of the initial fine.

Gupta holding company Oakbay's time on the JSE may be coming to an end

Gupta holding company Oakbay's time on the JSE may be coming to an end

Oakbay Investments is the holding company for the Gupta’s businesses in SA. Bruce Whitfield interviews Vestact MD Paul Theron.

Eskom apparently gave Gupta-linked Trillian a R419m leg up, to buy Optimum mine

Eskom apparently gave Gupta-linked Trillian a R419m leg up, to buy Optimum mine

AmaBhungane explains how it uncovered how Eskom allegedly gave a helping hand to companies linked with the Gupta family.

Popular articles
Getting to know MP, Dr Makhosi Khoza

Getting to know MP, Dr Makhosi Khoza

Dr Khoza is admired by South Africans for her role in the SABC inquiry as a ANC member of parliament.

10 sexting tips on how to keep things spicy (and safe)

10 sexting tips on how to keep things spicy (and safe)

Interested in sexting but worried about the risks? Dr Eve has created a guideline to help you 'sext' in a fun and responsible way.

It's not the end of the road... Top tips to improve your matric

It's not the end of the road... Top tips to improve your matric

"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.

Gospel singer Sipho Makhabane explains how Sfiso Ncwane died

Gospel singer Sipho Makhabane explains how Sfiso Ncwane died

Makhabane says Ncwane was feeling weak yesterday and his wife phoned paramedics to check on him.

Who is Advocate Tembeka Ngcukaitobi?

Who is Advocate Tembeka Ngcukaitobi?

The EFF lawyer stole the show during the state capture report court battle.

Meet the founder of Capitec Bank, named ‘Best Bank on Earth and Cheapest in SA’

Meet the founder of Capitec Bank, named ‘Best Bank on Earth and Cheapest in SA’

Michiel le Roux speaks about the fascinating story behind the little bank that has the Big 4 shaking in their boots.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?