Oracle Faces Blacklisting by South African Government Over Tender

South Africa’s Special Investigation Unit, established to tackle corruption and the misuse of public funds, asked the National Treasury to bar Oracle Corp. from doing business with the government because of what it says was a flawed tender.

The contract, which is with the Treasury, is related to a system that keeps track of government accounts, spending and assets aside from state salaries. The tender, worth 800 million rand ($42 million), was awarded almost two decades ago, but a working system has not been delivered. The Treasury is contesting the SIU’s findings.