Bain considering options following Treasury’s 10-year ban
“We deeply regret the mistakes made in the procurement and execution of Bain South Africa’s (Bain SA) work with SARS between 2015 and 2017.”
“We deeply regret the mistakes made in the procurement and execution of Bain South Africa’s (Bain SA) work with SARS between 2015 and 2017.”
Bain & Company’s managing partner in SA took out a page three, full-page advert appealing for “constructive dialogue” with South Africans.
Stephen York says Bain & Company made serious mistakes in the procurement and execution of its work at SARS.
Whistleblower Athol Williams believes the UK government’s three-year ban imposed on controversial global consultancy firm Bain should be an embarrassment to the South African government and its inaction.
Peter Hain wants the British government to suspend and ban global management consultancy firm Bain from doing any further work in the UK.
At first, Bain kept their cool, trying every trick in the book to avoid accountability, but Lord Peter Hain has lost none of his terrier-like instincts.
Bain, which has over 10 000 employees worldwide generating annual revenues north of $5bn, must now rue the day it opened in South Africa.
The loss of trust in SARS had planted a seed of tax revolt in the minds of some South Africans, which will prevent the government from creating a strong and capable state.
The South African Revenue Service has placed key executives on precautionary suspension and extended the suspension of another executive pending the finalisation of a disciplinary process in respect of serious allegations of misconduct.
Fired SARS Commissioner Tom Moyane’s ‘abominable’ bid to force the President’s hand and get his job back has been smacked down by the Constitutional Court.