Slashdot Mirror

← Back to Stories (view on slashdot.org)

SAP Paid Bribes To Panamanian Officials

Posted by Soulskill on from the all-about-the-benjamins dept.

jfruh writes: A former SAP exec has pled guilty to bribing Panamanian officials in a successful attempt to sell SAP licenses to the Panamanian government. Vicente Eduardo Garcia, SAP's former vice president of global and strategic accounts for Latin America, says he wasn't the only SAP employee who knew about the scheme. From the Dept. of Justice press release, "According to Garcia’s admissions, the conspirators used sham contracts and false invoices to disguise the true nature of the bribes. Garcia further admitted that he believed paying such bribes was necessary to secure both the initial contract and additional Panamanian government contracts."

2 of 72 comments (clear)

  1. I thought this was the only way SAP gets sold. by xxxJonBoyxxx · · Score: 4, Insightful

    I thought this was the only way SAP gets sold. It's not like any rational person would pull it into their organization. But for a $90K payday, sure, it's only the taxpayers' money, right?

  2. No kidding by JustAnotherOldGuy · · Score: 3, Insightful

    Paying bribes is one of the only ways SAP is likely to get their foot in the door. After that the money all flows the other way.

    --
    Just cruising through this digital world at 33 1/3 rpm...