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SEC charges global software firm SAP for FCPA violations

People walking past the logo of German software maker SAP.
Photo: Sean Gallup/Getty Images

Julie DiMauro

2 min read
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SAP SE agreed Wednesday to pay the DOJ and SEC around $222m in penalties to resolve FCPA offenses.

German software giant SAP will pay more than $220m to settle foreign bribery charges following investigations by the SEC and DOJ, according to the SEC’s and DOJ’s press releases published yesterday.

The DOJ’s deferred prosecution agreement settles criminal charges filed in federal court in Virginia. The company was charged with

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