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Bain & Co partner Vittorio Massone provided suspended SA Revenue Services (SARS) commissioner Tom Moyane with a new structure for the agency before either men even set foot at SARS. Evidence at the commission of inquiry chaired by retired judge Robert Nugent on Tuesday appeared to suggest that far from being misled and have its work used for a sinister agenda, Bain, one of the world’s top three consultants, helped craft plans that weakened the agency so much that South Africans eventually paid the price through higher taxes as the government struggled to plug resultant revenue shortfalls, which were also due to a weakening economy. In another twist, Massone failed to pitch at Tuesday’s hearing as expected, with the commission being told that he was ill and receiving treatment in his native Italy. Nugent said failing to fix SARS would have dire consequences. It also emerged that Bain misled the public about the corrective action it said it was taking. While the firm said it would be ...

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