Bain ‘eager to set the record straight’ after confidentiality agreement with Sars is lifted
Bain & Co has been released from its confidentiality agreement with the SA Revenue Service (Sars) and my now voluntarily submit its work on the contentious restructuring at the tax agency to the commission of inquiry, chaired by retired judge Robert Nugent. Bain said in a statement on Thursday that while it was an "extraordinary step" to take as the company placed great value on confidentiality, it looked forward to the opportunity to "set the record straight". Bain has come under heavy fire at the public hearings, with senior Sars officials accusing the international consulting firm of having a predetermined outcome in mind, failing to consult and using inaccurate and outdated facts to back up its work. "We take seriously any questionable assertions raised against our reputation, and are eager to present the facts and evidence that will support the efficacy of our work and the transparency and professionalism with which we approach every client engagement, Sars included," Bain said...
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