Another German kickback Gupta scandal

Sinbad

Sinbad

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Not SAP this time...
The #GuptaLeaks have already revealed how German software multinational SAP turned to the Guptas in their hour of need to clinch a R100-million contract from Transnet.

Now emails and documents show a second German company, Software AG, entered into an apparent kickback agreement with a Gupta-controlled company in an attempt to secure a R180-million contract from Transnet Freight Rail

http://amabhungane.co.za/article/20...oftware-giant-implicated-in-kickback-payments
 
Sinbad said:
Not SAP this time...
The #GuptaLeaks have already revealed how German software multinational SAP turned to the Guptas in their hour of need to clinch a R100-million contract from Transnet.

Now emails and documents show a second German company, Software AG, entered into an apparent kickback agreement with a Gupta-controlled company in an attempt to secure a R180-million contract from Transnet Freight Rail

http://amabhungane.co.za/article/20...oftware-giant-implicated-in-kickback-payments
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These guys are literally across the road from our office park.
How many more companies will involved in this thing, I wonder.
 
Africa I can understand, but what's up with German corruption?
 
But it appears someone else was also cutting themselves a slice of the commission payments.

Attached to a 9 March 2015 email sent by Choubey to another Gupta lieutenant, Ashu Chawla, is a draft agreement between GSS and Sensational Signs, a small company in the south of Johannesburg that manufactures steel frames for billboards.

A partnership between a Gupta IT company and a billboard company is odd enough, but the content of the draft agreement is even more suspect.

Dubbed a “Prospect Lead Provider Fee Agreement”, it promised to pay a “finder’s fee” of between 4 and 15% to Sensational Signs for identifying potential software deals or “leads” for GSS.

“In the event that [Sensational Signs] identifies Lead but elects to not actively pursue the sales cycle itself, but rather to refer such Leads to GSS, Sensational Signs shall be eligible to receive a Lead Provider Fee,” the agreement reads.

The obvious question is what kind of leads would Sensational Signs be able to identify for an IT company?

The answer is hidden in the metadata.

Since Sensational Signs was registered in September 2014 Mohamed Mobeen Jeena has been its sole director. He happens to share a surname with Software AG sales director Riaaz Jeena.
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So many pigs, such few troughs!
 
evilstebunny said:
Africa I can understand, but what's up with German corruption?
Click to expand...

Really, do you really think and believe that when it comes to money anybody plays fair? C'mon seriously, the #Gupta saga is but probably a tiny spec of corruption that actually compares to the real deal all over world. In today's business nobody plays fair, no matter where you are and if you do, you close shop quickly if want to play with the big boys.
 
The paper trial should be quite easy to follow, whoever signed off on the tender at government level should also be charged with corruption.

Maybe its a good time to look at seizing all assets of the Guptas before they take all our money out of the country.
But knowing how far the government is in their pockets it will wait until everyone is out and safe before they seize the one little spaza shop in their names.
 
Acid0 said:
The paper trial should be quite easy to follow, whoever signed off on the tender at government level should also be charged with corruption.

Maybe its a good time to look at seizing all assets of the Guptas before they take all our money out of the country.
But knowing how far the government is in their pockets it will wait until everyone is out and safe before they seize the one little spaza shop in their names.
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You mean Sahara?
 
chunk10 said:
Huh do you think Africa is the only corrupt place on earth?
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DWPTA said:
Really, do you really think and believe that when it comes to money anybody plays fair? C'mon seriously, the #Gupta saga is but probably a tiny spec of corruption that actually compares to the real deal all over world. In today's business nobody plays fair, no matter where you are and if you do, you close shop quickly if want to play with the big boys.
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Germany has strict anti-corruption laws, we don't (or it's never properly enforced)
 
Until 2000, France (and Germany around the same time, too lazy to search German articles) did not have laws on the corruption of foreign agents.

Before 2000, almost only the US had such law.

This was changed after a few scandals and national laws were votes.

In 2014, an OECD convention prohibited it for all OECD members.

I guess some German companies still didn't get the new laws...
 
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The reality is, to get work in africa you have to grease palms.
Sad but true. Just about every multinational that does work here will be guilty of this.
 
At Least SAP did something about it immediately and appointed law/legal firms to investigate. Let's see how Software AG responds.

Also something that is sad, Oracle won a corrupt tender with SITA worth R800 million, and now most of the SITA employees work for Oracle... but this goes unnoticed because not linked to Guptas...
 
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This made me lol


Riaaz Jeena
RIAAZ JEENA

Sales Director, Johannesburg, South Africa

Riaaz lives his life every day by Steve Jobs’ inspiring words: “Stay hungry. Stay foolish.”
 
Chris_SA said:
Also something that is sad, Oracle won a corrupt tender with SITA worth R800 million, and now most of the SITA employees work for Oracle... but this goes unnoticed because not linked to Guptas...
Click to expand...

True, Non-guptas have been rather clever by being under the radar. Looking at headlines these days, one would surely think that Guptas invented (or perfected?) the corruption and poor botha's, khumalo's, ching lee's have been so innocent since forever. :-)
 
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