Bain disagrees with Treasury's 10-year ban on it getting government work

Bain & Co feels the 10-year ban on government work imposed by National Treasury is unfair. File photo.Global consultancy firm Bain & Co says it disagrees with a 10-year ban imposed on it by National Treasury from doing business with the state and says it is considering its options on the decision.

In its response, Bain said it deeply regretted the mistakes made in the procurement and execution of Bain SA’s work with Sars between 2015 and 2017. “We repaid to Sars all fees plus interest before the completion of the Nugent Commission in 2018 and have not pursued any public sector work since 2019, nor did we have plans to do so in the future.”

Bain said it had already reached out to stakeholders, including the Treasury and Sars, to engage in further dialogue.

White monopoly capital and the likes of SasolLTD and other SA corporates BLSA_Official will not abandon BainAlerts The jobs of 80 employees are safe

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