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

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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 said it was considering its options in response to this decision.

“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.”

“While we acknowledge that Bain SA was aware of the request for proposal before it was formally issued, we have found no evidence, nor has any been produced, that Bain manipulated the procurement process in any way to exclude other bidders or specifically advantage Bain. This process was wholly run by Sars.”

“Despite this outreach, we were given no notice of, or opportunity, to respond to the restriction before its apparent implementation,” Bain said.

 

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Of course they disagree 🤷‍♂️

It can disagree all it likes. It has no recourse. It’s new incumbents must also bear the brunt.

To be debarred for 10 years without even a conviction! South Africa needs to amend its laws on public procurement and deal with companies involved in corruption effectively:

Why didn't we gave Glencore the same medicine

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