South African Gupta Family to Answer to U.S. Authorities?
German software giant SAP has shared the status about its South Africa businesses to United States authorities responsible for enforcing the U.S. Foreign Corrupt Practices Act following revelations in the #GuptaLeaks emails that revealed that the technology company agreed to pay 10% "sales commission" to a firm controlled by the Guptas in order to secure lucrative business contracts. This comes after reports that the U.S. Federal Bureau of Investigation is probing the embattled Gupta family in relation to suspicious cash flows between South Africa, Dubai and the U.S.
Daily Maverick, 26 October 2017
Revelations contained in the #GuptaLeaks emails revealed that giant German software group SAP agreed to pay 10% "sales commission" to a company controlled by the Guptas in order to… Read more »
Top: SAP headquarters in Walldorf, Germany. Bottom-left: Atul Gupta. Bottom-right: FBI badge and gun.
Deutsche Welle, 19 October 2017
As probes into the Gupta family intensify in South Africa, the FBI is reportedly also investigating the Guptas in relation to suspicious cash flows between South Africa, Dubai and… Read more »
- Publication Date:
- 13 July 2017
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