SAP suspends South African staff to investigate Gupta kickbacks

system32

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Treasury should fine these companies 10% of global revenue.

SAP 10% of €23b
McKinsey 10% of $8.4b
KPMG 10% of $25.4b

They will soon stop these corrupt practices.
 

oober

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Treasury should fine these companies 10% of global revenue.

SAP 10% of €23b
McKinsey 10% of $8.4b
KPMG 10% of $25.4b

They will soon stop these corrupt practices.
Probably paying kickbacks to some other criminal to not get fined or prosecuted.
 

marlin178

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But at first they were like the CancER... deny deny deny so this seems somewhat positive!

Amazes me how one family is causing some much trouble for such big entities...

/getspopcorn
 

ponder

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But at first they were like the CancER... deny deny deny so this seems somewhat positive!

Amazes me how one family is causing some much trouble for such big entities...

/getspopcorn
It's just a show.
 

Tman*

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Treasury should fine these companies 10% of global revenue.

SAP 10% of €23b
McKinsey 10% of $8.4b
KPMG 10% of $25.4b

They will soon stop these corrupt practices.
Other African countries are already following this method by fining foreign companies billions to make up for a tax shortfall.

Once the ANC realises they can make some money from this scandal you will see: "WMC fined R50bn" on News24.
 

system32

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Other African countries are already following this method by fining foreign companies billions to make up for a tax shortfall.

Once the ANC realises they can make some money from this scandal you will see: "WMC fined R50bn" on News24.
Not only African, USA does this as well.

I suspect there are plenty of laws broken and ability to impose substantial fines on these companies.

The problem is that the counterparty (ANC, Govt, Zupta) will need to be punished - and that's unlikely.
 

R13...

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At least the third parties are either investigating or falling on their swords. On the other hand the NPA claim they arent biased and are just busy making sure all the ts are crossed and the is dotted before they act.
 

McSack

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Probably paying kickbacks to some other criminal to not get fined or prosecuted.
Well essentially if Treasury gets the money through fines , one side of the criminal partnership is just getting to take money from the other .
;)
 

Thor

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We use SAP and honestly, it's running our business. Yes this news isn't good for SAP but don't blame the functionality of the software based on Individuals decisions.
Don't support the downfall of South Africa. Makes you no different than the Guptas.
 

Bizkit87

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Don't support the downfall of South Africa. Makes you no different than the Guptas.
not as easy when you know how complicated some SAP systems are, its not a case of 'unistall' and downloading a new software suite you know? also, most companies are locked into SAP agreements worth millions of rands, so while 'boycotting' them is noble, it wil take years to replace a SAP system, so no, it does not make them the same as the Guptas.

Put that horse back in the stable
 

jouda

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not as easy when you know how complicated some SAP systems are, its not a case of 'unistall' and downloading a new software suite you know? also, most companies are locked into SAP agreements worth millions of rands, so while 'boycotting' them is noble, it wil take years to replace a SAP system, so no, it does not make them the same as the Guptas.

Put that horse back in the stable
It is also worth adding that migrating to another ERP system will affect your business and will be %^%$@ expensive. Just migrating your data is a mission.
 

Thor

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not as easy when you know how complicated some SAP systems are, its not a case of 'unistall' and downloading a new software suite you know? also, most companies are locked into SAP agreements worth millions of rands, so while 'boycotting' them is noble, it wil take years to replace a SAP system, so no, it does not make them the same as the Guptas.

Put that horse back in the stable
True. I just hate that company. Not a ethical business at all.
 

air

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Don't support the downfall of South Africa. Makes you no different than the Guptas.
the mind boggles at some of your responses, ignorance or naivety, a bit of both, or something else?
 
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