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SAP Paid Bribes To Panamanian Officials

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."

3 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. Re:I'm shocked! by xxxJonBoyxxx · · Score: 5, Informative

    >> in South America? Say it ain't so!

    I'll say it ain't so. Panama's in CENTRAL America.
    http://lmgtfy.com/?q=google+ma...

  3. SAP market penetration by MattGWU · · Score: 5, Funny

    I thought SAP already had pretty a pretty solid foothold in the Spanish-speaking world.

    You always see "Transmitido en Español en SAP" at the beginning of soap operas and game shows and things.

    --
    "These people look deep within my soul and assign me a number based on the order in which I joined" --Homer re: