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August 14, 2015 02:00 pm

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."

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/ap7EohXs_rk/sap-paid-bribes-to-panamanian-officials

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