Business consultant Athol Williams said he witnessed high-level corruption under the presidency of Jacob Zuma—but a good portion of it emanated from a U.S. company with connections to U.S. presidential hopeful Mitt Romney, according to a new report.
Williams had been a consultant with the American financial firm Bain Capital founded by chief executive Romney. Bain & Co. took advantage of weak companies, Williams said, describing their actions as “greed run amok… Things that Bain did in South Africa, they would never do in the U.K. or the U.S.”
This comes after a South African judicial commission investigating state capture and corruption concluded there had been “collusion” between Bain and Zuma to reshape entire sectors of the economy.
Bain made numerous attempts to offer Williams “large sums of money in return for his silence,” according to the report.
After testifying, Williams, a former ethics lecturer at Cape Town University, asked to be given state protection given to whistleblowers but it was not granted. “I’m in danger and I don’t know where it will come from,” he said.
”There’s a conscious effort to leave me and other whistleblowers exposed.”
In the U.K., Bain’s purported role in state corruption prompted former Labor minister and anti-apartheid activist Peter Hain to attempt to block Bain & Co. from lucrative government contracts until Bain fully cooperated with South African prosecutors and investigators who are investigating alleged corruption under...
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