Gupta kickbacks: DA to lay criminal charges against SAP and CAD House
17 July 2017
The DA will lay charges of money laundering and corruption against the South African component of global software giant, SAP, and Gupta-affiliated company CAD House, following allegations of R100 million in kickbacks changed hands between the two companies.
In a sales commission agreement, SAP appointed CAD House on a consultancy basis and agreed to pay them 10% in sales commission, if the company helped them secure a Transnet contract.
This consultancy is rather irregular considering that SAP is an international software giant which had existing contracts with Transnet. Furthermore, CAD House is a small company which specialises in selling 3D printers and which allegedly had no previous relationships with SAP or expertise in this field.
The DA has reason to believe that SAP South Africa procured the services of CAD House purely because they wanted access to its owners, Duduzane Zuma and the Guptas’, connections within Transnet with a view to securing a lucrative contract.