SAP SE
Trade riskGermany.
Summary
"Software company SAP SE admitted it provided millions of dollars in software to Iran in violation of U.S. sanctions, becoming the first company to benefit from a Justice Department program that encourages companies to self-report criminal export violations in exchange for leniency, U.S. authorities said Thursday. Between 2010 and 2017, the German enterprise-software giant sent upgrades and software patches more than 20,000 times to users in Iran, and allowed its cloud businesses to give 2,360 Iranian users access to U.S.-based cloud services, the Justice Department said." (Wall Street Journal, "SAP Admits Iran Sanction Violations To Justice Department," 4/29/2021). (https://www.wsj.com/articles/sap-admits-iran-sanction-violations-to-justice-department-11619726149)
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