Bongani Bingwa speaks to managing partner at Bain and Company South Africa, Stephen York, about their three-page apology letter issued to Business Day.
Speaking about the apology letter, managing partner at Bain & Company, Stephen York, said that the firm had not been aware of Moyane's intention to take control of Sars after it was revealed that the former commissioner had private meetings with former President Jacob Zuma. To prevent a situation like this, he says that the firm has made internal policy changes, including making it a requirement that there be at least two Bain & Company attendees at meetings and that notes be taken during some of these meetings so that they can have a full scope of the events occurring within these meetings.
As a response to this, York says that the firm should not be the one to be held accountable for reparations because it only provides advice as consultants but does not make any management or personnel decisions. Stephen York, managing partner - Bain & Company South Africa. He supports this argument by stating that the independent investigation that law firm, Baker McKenzie, did on behalf of Bain & Company revealed that at no point did it find that the firm or its employees had any intention to undermine Sars.
I think Bain & Co must piss off & leave SA alone
Voetsek! the days of Corporate Boomer crooks has been exposed. We dont want you greedy, sick butto's anywhere near us again. Go sit on your Stoep and take nap.
...are they still doing business (CORRUPTION with the CORRUPT ANC) in the country...?
Bain & Company really needs to hear this 👇🏿
A laugh a minute. That is Bain!
As they say in the movie...Nope!
Never
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