Bain asks Treasury to overturn public work ban, says it's based on 'unproven allegations' | Fin24

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Bain asks Treasury to overturn public work ban, says it's based on 'unproven allegations' | Fin24
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Consultancy Bain & Co, which has been banned from public sector work for a decade for engaging in 'corrupt and fraudulent practices' at the SA Revenue Service, has written to government to ask the ban be overturned. | News24_Business

Jan CronjeRafael Henrique/Getty ImagesLast month Bain SA was placed on a database of suppliers that cannot do work for the state. For more finance news, go to the Consultancy Bain & Co, which has been banned from public sector work for a decade for engaging in"corrupt and fraudulent practices" at the SA Revenue Service , has written to National Treasury, SARS and the minister of finance to ask that the ban be overturned.

"Bain SA was not notified that SARS was considering imposing a restriction and was not provided with an opportunity to make representations or provide reasons why the restriction should not be imposed and according to the law, we should have been," it said. Bain did not say whether it would take legal action to overturn the ban. It has asked Treasury and SARS to overturn the ban and organize a meeting to"discuss a potential path forward". Findings against BainTwo commissions of inquiry appointed by President Cyril Ramaphosa have investigated Bain's work at SARS.

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