JOHANNESBURG - Bain and Co has decided to shut up shop in South Africa.
The mega consultancy firm suffered huge reputational damage when it was embroiled in a corruption scandal involving former President, Jacob Zuma.
The Nugent Commission in 2018 looked at how SARS was restructure according to a BAIN plan to become a shadow of its former self.
The Zondo Commission of Inquiry found that Bain colluded with Zuma and a former SARS commissioner, Tom Moyane, to seize SARS and weaken it deliberately.
The commission said it was one of the clearest cases of state capture.
British politician, former UK Cabinet Minister, Lord Peter Hain, who has ties to SA and has been vocal about Bain and Company.