SAP has promised to provide an update on the investigation into allegations of wrongdoing in its South African business during the last week of October 2017.
The company initiated an investigation spearheaded by international law firm Baker McKenzie on12 July.
At the same time, four senior executives were placed on administrative leave pending the finalisation of this investigation.
During that time, the team from Baker McKenzie has been reviewing and scrutinising large volumes of data, talking to a variety of stakeholders and conducting interviews with all relevant people.
“We are acutely aware that we owe South Africa answers,” says Adaire Fox Martin, member of the Executive Board of SAP SE, who leads SAP’s business in MEE, EMEA and Greater China. “While we understand the public’s legitimate frustration at the length of the investigation, it is imperative that we get this process right.
“We remain committed to delivering on our initial promise to manage this process in a transparent way and to give a full account to our employees, customers, partners and the South African public.”