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SAPPaid $220M+ to settle FCPA bribery charges for bribes in South Africa, Indonesia, and other countries

· $220.0M

SAP agreed to pay over $220 million to the DOJ and SEC to resolve allegations that it violated the Foreign Corrupt Practices Act by making improper payments to government officials in South Africa and Indonesia between 2013-2018. The settlement included a criminal penalty of $118.8M and administrative forfeiture of over $103M. Bribes included cash payments, political contributions, and luxury goods.

Scoring Impact

TopicDirectionRelevanceContribution
Corporate Governance-againstprimary-1.00
Overall incident score =-0.295

Score = avg(topic contributions) × significance (critical ×2) × confidence (0.59)× agency (compelled ×0.25)

Evidence (1 signal)

Confirms Legal Action Jan 10, 2024 verified

Paid $220M+ to settle FCPA bribery charges for bribes in South Africa, Indonesia, and other countries

SAP agreed to pay over $220 million to the DOJ and SEC to resolve allegations that it violated the Foreign Corrupt Practices Act by making improper payments to government officials in South Africa and Indonesia between 2013-2018. The settlement included a criminal penalty of $118.8M and administrative forfeiture of over $103M. Bribes included cash payments, political contributions, and luxury goods.

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