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#Guptaleaks: European software giant caught in Gupta kickback deal

AmaBunghane, Scorpio and News24 have on Tuesday revealed how Software AG entered into a deal with a Gupta-controlled company to clinch a R180 million Transnet freight rail contract.

Atul Gupta. Picture: Supplied.

PRETORIA - A second software giant has been implicated in the Guptaleaks emails, with new information showing that it entered into questionable kickback agreements with companies linked to the Guptas.

AmaBunghane, Scorpio and News24 have on Tuesday revealed how Software AG entered into a deal with a Gupta-controlled company to clinch a R180 million Transnet freight rail contract.

Earlier this month, it emerged that SAP entered into a similar agreement with the Guptas in order to secure a R100 million from Transnet.

Software AG is one of Europe's largest software companies, generating R13 billion in global revenue last year.

According to documents in the Gupta leaks, Germany-based Software AG agreed to pay 35% of the value of the contracts secured with Transnet to Global Softech Solutions.

At the time of the agreement, the Guptas' Sahara Systems was in the process of buying GSS but it appears that they already had full control of the company.

Records show that a commission agreement that Software AG signed with GSS allowed the Gupta-controlled company to claim referral and sales assist fees for helping the German company close deals.

The two companies made an unsolicited bid to Transnet which was then implemented as a pilot project.

Draft agreements also show that GSS would also receive up to 50% of the revenue generated for Transnet while AG would receive a royalty for providing the software.

While Transnet says the project is ongoing, Software AG denied any knowledge of it.