Bain has "clarified" that Vittorio Massone remains a partner at the Boston-based consultancy, but will no longer run its day-to-day operations. In a statement on Sunday, Bain — which was contracted by the SA Revenue Service (Sars) to design and implement its restructuring — said that Massone had stepped down as managing partner. On Monday, it said Massone was focusing his time on co-operating with the commission of inquiry into governance at Sars and had stepped aside from running the South African office. "We have requested Tiaan Moolman to take over day-to-day operations as interim managing partner. It has been known to our clients for some time that Massone would rotate out of his current role in December to take on another senior role within the firm," Bain said in a statement on Monday. "This rotation typically occurs each 5-7 years and Massone has already completed almost nine years in his current role." Bain has become the latest multinational to be embroiled in state capture...

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