Bain & Co launches internal probe after shock Sars revelations
Sources say the consultancy’s managing partner in SA met with Jacob Zuma at Nkandla in 2013 and 2014
International consultancy Bain & Co has launched an internal investigation into its work for the SA Revenue Service (Sars) after shocking information emerged at the commission of inquiry into governance at the tax agency. The company’s overhaul of the Sars operating model was blamed by senior officials testifying at the commission chaired by retired judge Robert Nugent for the destruction of the tax agency’s capacity — which contributed to the hole of about R50bn in revenue collection for 2017-18. If you are already a subscriber, please click on the following link below to go to the full article: Bain & Co to probe own lapses at Sars If you would like to subscribe to BusinessLIVE Premium to read the full story, please click here.