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German software firm, SAP, fined USD 100 million over bribery in five African countries 

The CEO Magazine Team

SAP SE, a German multinational software corporation, specializes in developing enterprise software that enables businesses to manage their operations and customer relations effectively.

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The Washington D.C.-based Securities and Exchange Commission (SEC) has announced charges against SAP SE- a German multinational software company for bribery schemes to government officials in South Africa, Malawi, Kenya, Tanzania, and Ghana, and other two Asian countries⏤ Indonesia and Azerbaijan. SAP, also known as System Analysis Program Development has data management operations in 157 loc

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