What Bain did at Sars was highly damaging and every South African is right to be angry. But we need to channel this anger properly. Moneyweb BusinessNews
We all benefit from constructive criticism. In this weekly letter, I’ve criticised freely and often. But it is always important to get one’s facts straight when doing so.
suspended Bain, adding it to previous suspensions related to state capture, including KPMG, Transnet and Eskom. That suspension was directly in response to the actions of Bain at SARS – the same actions that the Zondo Commission has highlighted in its report. . Among the steps we required was that Bain pay back all the fees it took from SARS with interest. It has been said that was not enough – there are damages that should also be compensated and we agree. At no point did we say refunding the fees should be the end of it and those who suggest so are tilting at windmills. In mid-2021, Bain met with the
is certainly not here to vouch for Bain – it must speak for itself. But I can say that
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