Va. U.S. Attorney: SAP to Pay Over $220M to Resolve Foreign Bribery Investigations
January 11, 2024
January 11, 2024
ALEXANDRIA, Virginia, Jan. 11 -- The office of the U.S. Attorney for the Eastern District of Virginia issued the following news release:
SAP SE (SAP), a publicly traded global software company based in Germany, will pay over $220 million to resolve investigations by the U.S. Justice Department and the Securities and Exchange Commission (SEC) into violations of the Foreign Corrupt Practices Act (FCPA).
SAP's resolution with the department stems from schemes to pay bribes . . .
SAP SE (SAP), a publicly traded global software company based in Germany, will pay over $220 million to resolve investigations by the U.S. Justice Department and the Securities and Exchange Commission (SEC) into violations of the Foreign Corrupt Practices Act (FCPA).
SAP's resolution with the department stems from schemes to pay bribes . . .