KHAYA SITHOLE: Bain and McKinsey took SA for a ride — and got away with it
Paying your way out of trouble seems to work in a country with spineless politicians
The accountability vacuum between African countries and the rest of the world has once again been illustrated in the actions undertaken in the UK against multinational consulting company Bain. In a dark time in SA’s history, Bain plugged its tentacles into the state capture train by helping commissioner Tom Moyane “repurpose” the SA Revenue Service (Sars).
As heard in the Nugent commission explicitly, and also in the Zondo commission report, Bain’s foray into the Sars domain had disastrous consequences for the institution. On the back of its “recommendations”, Moyane unleashed a series of actions that can best be described as a purge of the competent. Such changes resulted in the decimation of Sars’ long-standing reputation as an effective government agency...
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.