Jump into the fray to remedy corporate wrongs

The skyline of Sandton, an affluent suburb of Johannesburg in Gauteng, South Africa, at dusk. Picture: 123RF/MARK ATKINS

This is the cost of involvement in corporate wrongdoing, whether intentional or not. So, while it appears many are running from Bain, why would someone who vigorously espouses corporate ethics choose to join them? At the beginning of 2019 Bain asked me to develop these ideas into a remedy plan to instal safeguards to prevent repeats of what transpired at Sars and also, importantly, to make amends to those parties that were affected. Unsurprisingly, the remedy plan was developed following the six-step remedial process I first outlined in Business Day on February 19 2019 and have described at events organised by the Ethics Institute, the Good Governance Academy and the Graduate School of Business at UCT.

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