Treasury says Bain has much more to answer for

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Deputy director-general Ismail Momoniat calls for scrutiny of all the consultancy’s public sector contracts

Hours after Bain & Co withdrew its membership of Business Leadership SA , Treasury deputy director-general Ismail Momoniat called for scrutiny of all of the US consultancy’s contracts with the public sector.

Momoniat, who has previously criticised the firm for its failure to co-operate with the Nugent commission, which was set up in 2018 to probe governance failures at the SA Revenue Service , told Business Day on Tuesday that many executives still at the firm bore criminal liability for the attempted destruction of Sars, a post-apartheid institution that was once regarded as among the best in the world...

 

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