SAP to pay R2.2bn in 'restitution' to SA govt after admitting to bribes

German software maker SAP will pay R2.2 billion in "restitution" to South African state entities and government departments, the National Prosecuting Authority (NPA) said on Thursday. 

The NPA announced the deal just hours after the US Department of Justice said the software group would pay a total of more than $220 million (R4 billion) to settle bribery investigations against it in South Africa and the US, including findings that it bribed officials to win Eskom contracts. The probes in SA and the US were coordinated. 

The NPA and DOJ announcements come about seven years after bribery allegations against the tech giant first surfaced in the GuptaLeaks.