Treasury says Bain has much more to answer for
Deputy director-general Ismail Momoniat calls for scrutiny of all the consultancy’s public sector contracts
Hours after Bain & Co withdrew its membership of Business Leadership SA (https://www.businesslive.co.za/bd/national/2022-01-18-bain-withdraws-from-blsa/) (BLSA), Treasury deputy director-general Ismail Momoniat called for scrutiny of all of the US consultancy’s contracts with the public sector.
Momoniat, who has previously criticised the firm for its failure to co-operate with the Nugent commission, which was set up in 2018 to probe governance failures at the SA Revenue Service (Sars), told Business Day on Tuesday that many executives still at the firm bore criminal liability for the attempted destruction of Sars, a post-apartheid institution that was once regarded as among the best in the world...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.