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Bain & Co planned to work with Zuma to reshape SA ec

Bain & Co planned to work with Zuma to reshape SA ec
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Bain urged (again) to come clean about its role in the

Bain, the US-based management consultancy firm, is facing renewed pressure to come clean about the full extent of its role in bringing the SA Revenue Service (SARS) to its knees during the corrosive State Capture years.  Calls for Bain to play open cards have come over the past two years from senior government officials including Minister of Public Enterprises Pravin Gordhan, who once headed SARS, and National Treasury deputy director-general for tax and financial sector policy Ismail Momoniat.  But now Athol Williams, a former Bain partner, has accused the firm of silencing him from speaking about its work to allegedly ransack and destroy SARS under former commissioner Tom Moyane. This is because Bain launched an application at the State Capture Commission on 23 November 2020 to have half of Williams’s 700-page affidavit and annexures blocked from going public. Bain has also applied to cross-examine Williams on his evidence.

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