3265821 - SPAM or STMS fails with error "tp finished with return code: 232"

SPAM and/or STMS transactions are failing with error below:

...

This is tp version 380.40.04 (release 745, unicode enabled)
ERROR: Connect to <SID> failed (20220928174546, probably wrong environment).
TRACE-INFO: 1: [ dev trc,00000] Wed Sep 28 17:45:46 2022
TRACE-INFO: 2: [ dev trc,00000] DlLoadLib success: LoadLibrary("dboraslib
TRACE-INFO: 3: [ dev trc,00000] using "E:\usr\sap\<SID>\DVEBMGS07\exe\d
TRACE-INFO: 4: [ dev trc,00000] >DbSlControl(con=-1,cmd=47=DBSL_CMD_IMP
TRACE-INFO: 5: [ dev trc,00000] >DbSlControl(con=-1,cmd=39=DBSL_CMD_SET
TRACE-INFO: 6: [ dev trc,00000] >DbSlControl(con=-1,cmd=10=DBSL_CMD_DBC
TRACE-INFO: 7: [ dev trc,00000] >DbSlControl(con=-1,cmd=10=DBSL_CMD_DBC
TRACE-INFO: 8: [ dev trc,00000] >DbSlControl(con=-1,cmd=74=DBSL_CMD_CON

tp returncode summary:

TOOLS: Highest return code of single steps was: 0
ERRORS: Highest tp internal error was: 0232
tp finished with return code: 232
meaning:
connect failed

...

• Oracle RDBMS
• Operating System Independent
• SAP NetWeaver
• SAP Solution Manager

ABAP, SSFS, SAPSYSTEMNAME, RSEC_SSFS_DATAPATH, RSEC_SSFS_KEYPATH, Highest tp internal error was: 0232, tp finished with return code: 232, probably wrong environment, rsecssfx, DB_CONNECT/DEFAULT_DB_USER, DB_CONNECT/DEFAULT_DB_PASSWORD, windows, linux, unix, sapcontrol -function GetEnvironment  , KBA , BC-DB-ORA , Oracle , BC-UPG-TLS-TLA , Upgrade tools for ABAP , BC-CTS-TMS , Transport Management System , Problem