Johannesburg - It's been a shocking past few weeks as far
as corporate corruption is concerned – what with Barclays Africa Group
admitting to colluding with at least twelve other banks to fixing the price of
the rand.
Then there's the small matter of the Samsung Group's chairman and company heir,
Jay Y. Lee, being arrested and charged with bribery – in a case implicating
South Korea's impeached president, Park Geun-hye.
Meanwhile, media reports have surfaced alleging SAP South Africa MD Lawrence Kandaswami's involvement in a $38 million software purchasing
kickback scandal linked to the Department of Water and Sanitation.
Kandaswami's boss, SAP Africa MD Brett Parker, has since issued
a strong statement dismissing the allegations as "factually incorrect and
unsubstantiated".
Read also: Barclays Africa granted immunity in rand-rigging probe
Parker says SAP Africa is ready to work with all
relevant bodies necessary to address the matter in a quick and transparent
manner, if and when, the company is formally notified of the claims being
made against Kandaswami.
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