The SIU states the settlement agreement does not absolve SAP or any implicated party from possible prosecution.
This week, the Special Tribunal ordered SAP to pay the Special Investigating Unit R500 million within seven days over the deals. It adds that the Special Tribunal order – dated 20 March 2024 – has declared that the two contacts are constitutionally invalid and therefore set aside.The order of the Special Tribunal is part of the implementation of the SIU investigation outcomes and consequence management to recover financial losses suffered by state institutions due to negligence or corruption.
Thereafter, the crime-busting unit says SAP entered into a sale commission agreement with CAD House, a Gupta-linked company. The SIU was, in terms of Proclamation R.11 of 2018, authorised by president Cyril Ramaphosa to investigate allegations of corruption, malpractice and maladministration in Eskom’s affairs.
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