SAP to pay $8 M to settle Iran sanctions case

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SAP to pay $8 M to settle Iran sanctions case

WASHINGTON -- The German software company SAP SE will pay $8 million in penalties as part of a settlement with the United States to resolve allegations that it has violated federal law by exporting some of its software products to Iran, the Justice Department announced on Thursday.

As part of the pact with the U.S. JusticeU.S. Justice, Treasury and Commerce Departments, criminal prosecutors agreed to decline to pursue federal charges against the company.

The case against SAP marks the first time a company takes advantage of a Commerce Department policy that provides companies a path to avoid prosecution for exporting goods into sanctioned countries, businesses or individuals by submitting them to the U.S. government.

For business promotion, the company must disclose the alleged misconduct before an imminent threat of disclosure or government investigations and report all relevant facts, including the identities of any individuals responsible for the crimes.

The Justice Department said SAP has already taken steps to improve the problem and cooperated.

According to prosecutors, the company engaged in thousands of illegal exports of software over at least seven years.

SAP' will suffer the penalties for its violations of the SPPA.

Iran sanctions, but these would have been far worse if they hadn't been disclosed, cooperated and remediated.We hope other businesses, software or otherwise heed this lesson, said John Demers, Assistant Attorney General for National Security Division.

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