SAP to pay more than $220 million to settle US bribery charges

The logo of SAP is seen on their offices in Reston, Virginia, U.S., May 12, 2021. Picture taken May 12, 2021. REUTERS/Andrew Kelly/File Photo

(Reuters) - SAP, the German software company, will pay more than $220 million to resolve U.S. bribery investigations, the Department of Justice said on Wednesday.

The resolution stems from schemes to pay bribes to government officials in South Africa and Indonesia, the department said. SAP also settled related civil claims by the U.S. Securities and Exchange Commission.

(Reporting by Jonathan Stempel in New York)