A Boston Consulting Agency Turned a Energy Broker, and Then a Pariah, in South Africa

“I am concerned that we are buying and selling off short expression obtain for extended term issues,” Ms. Miller wrote in an inner electronic mail in 2014.

She wrote that Bain was making an attempt to recuperate its reputation following the presidential election in 2012, when the Republican prospect, Mitt Romney, was criticized for his work at the consulting organization. Ms. Miller, who has considering that remaining Bain, did not respond to a request for remark.

Inner shows by Bain, handed around to the fee as evidence, clearly show that the enterprise pitched proposals to Mr. Zuma to restructure other state-owned agencies, like the ones that oversee communications and electrical power, so that Mr. Zuma would have direct oversight of them. This, the judicial fee said, could break South African guidelines that forbid the head of state from directly managing state enterprises.

Mr. Massone and Mr. Zuma met 17 periods from 2012 to 2014. The commission’s report suggested that those people conferences, and the point that Bain understood who would turn out to be the new head of the tax agency — Tom Moyane — before it was built general public, were proof of a system in between the consulting agency and the presidency to infiltrate the income company “and induce destruction to the establishment.”

Bain helped to put together Mr. Moyane, a Zuma loyalist, to consider more than the tax company as its new commissioner. Mr. Moyane is blamed for destabilizing the company and losing tens of millions of pounds in tax revenue.

At the time, Mr. Zuma was facing accusations of tax evasion, and the initially order of small business was to “neutralize” revenue support personnel viewed as hurdles, according to evidence presented for the duration of the inquiry. The inquiry report explained Bain’s do the job with Mr. Moyane as “one of the clearest demonstrations of state capture,” a expression used to explain politically linked people today and enterprises getting abundant off state businesses.

Mr. Zuma was pressured to move down in 2018, after Cyril Ramaphosa turned head of the governing African Nationwide Congress. Promising to root out graft, Mr. Ramaphosa quickly fired Mr. Moyane. Mr. Moyane did not respond to a ask for for remark.