State capture: Consultancy firm Bain and Co pleads guilty

Die Vryburger

State capture: Consultancy firm Bain and Co pleads guilty
State capture: Consultancy firm Bain and Co pleads guilty. Photo: Die Vryburger

The consultancy firm Bain and Co replaced their South African head of management and offered to pay back the money that the company earned back to SARS.

It is another international firm involved in ‘state capture’ and in this case with Tom Moyane and the so called overthrow of SARS structures. This resulted in almost the collapse of SARS recovery department and an income shortage of almost R50 billion.

Who and how the R164 million they will repay is an open question.

Read the original article in Afrikaans on Die Vryburger

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