Bain & Company's apology, an insult to SA, says whistleblower Athol Williams

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Last week Bain & Company issued an apology letter in Business Day for its 'mistakes' and called for a constructive dialogue with South Africa.

Bongani Bingwa spoke to Bain & Company South Africa's whistleblower, Athol Williams, about his response to the three-page apology the consultancy company released last week in Business Day.

Among the things discussed in an interview with Bingwa, Bain & Company's managing partner, Stephen York said that the consultancy company's whistleblower Athol Williams' claims should not be taken seriously, implying that they were conjecture.He went on to describe the apology letter as an insult to South Africa, alleging that Bain & Company had opportunities to present their side of the story at both the Nugent and Zondo commissions which it did not.

In my mind, Bongani, this interest in dialogue is false because they've had opportunities to speak to our authorities on numerous occasions and never taken it.He confirmed the validity of his evidence by describing the events that led to Bain & Company's three-year ban in the United Kingdom .When [UK MP Lod Peter Hain and I] walked into that meeting with [Johnson] in the UK, he said to us, 'my advisor told me there's nothing to do with Bain'.

He further added that Williams' assertion that only junior Bain & Company members were involved were "half-truths".

 

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We are tired of this nonsensical so called whistle blower, he must shut up now

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OPINIONISTA: Corruption would not thrive if companies are banned – as the UK did with BainThe United Kingdom’s three-year ban on the powerful multinational corporation, Bain & Company, will probably go down in history as one of the best remedies to correct wrongdoing by big companies. Only 3 years. They should be permanently shut down Bain and Company just follow Bell Pottinger,White Monopoly Capital ,KPGM ,VBS Bank , Where is the RSA government sanction on Bain?
Source: dailymaverick - 🏆 3. / 84 Read more »