German software company SAP SE on Thursday agreed to pay more than $8 million in combined penalties issued by three U.S. agencies after admitting to committing numerous violations of sanctions against Iran that occurred when Iranian-based users paid to download SAP software, upgrades, and patches.
SAP agreed to disgorge $5.14 million paid by Iranian users for its software over a seven-year period as part of a non-prosecution agreement reached with the Department of Justice (DOJ). The company will also pay $3.3 million in penalties to settle export control law violations with the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) and $2.1 million as part of a settlement with U.S. Treasury’s Office of Foreign Assets Control (OFAC).
