Bain withdraws from Sars hearings
The international consultancy has pulled its voluntary participation in the Revenue Service inquiry after damning revelations
Embattled international consultancy Bain has withdrawn its voluntary participation at the Sars commission of inquiry. This is after damning allegations of collusion between Bain partner Vittorio Massone and suspended Sars commissioner Tom Moyane ahead of the company securing a R164m contract at the tax agency to restructure its operating model. Bain's withdrawal was confirmed by chair of the Sars commission of inquiry, retired judge Robert Nugent, on Wednesday. Nugent said that the many questions around Bain's role in the destruction of Sars would remain unanswered after the company indicated that it was no longer participating in the inquiry process. In response to questions, Bain said it was also no longer commenting on its work at Sars and it was allowing its internal investigation by Baker McKenzie and the Nugent inquiry to conclude. "If [Baker McKenzie] find evidence of illegal or unethical behaviour, we will deal with it appropriately. We remain committed to the country and do...
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