Transnet disavows any links between SAP and the Guptas
Transnet distanced itself from third-party payments made by software giant SAP to win contracts with the state-owned ports and rail operator, saying they are an issue for the German company and its business partners. "Transnet has no knowledge of the arrangement between SAP and the people it paid commission to," CEO Siyabonga Gama told reporters in Johannesburg on Monday. "The preliminary view is that it’s a matter between SAP and the people it paid." Last week, SAP said it transferred R94m ($6.7m) to companies linked to the Gupta family. In return, SAP received assistance in winning contracts with Transnet and Eskom, it said. The Guptas deny wrongdoing. SAP found no evidence that payments were made directly to Transnet officials, and Gama said third-party commissions weren’t part of contracts between the two companies. "They have a commission structure that’s nothing to do with Transnet," he said in an interview. "No employee of Transnet was involved in this." US authorities, inclu...
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