To enjoy the full Mail & Guardian online experience: please upgrade your browser
03 Sep 2018 10:17
Global consultancy Bain & Company has announced that it will undertake a “deep and extensive investigation” into its work for the South African Revenue Service (Sars).
In a statement on Sunday, the consultancy said the investigation is needed in light of testimony heard at the Nugent Commission of Inquiry, which is probing corporate governance and revenue collection at the tax agency.
“We want to be absolutely certain that we entered into our Sars engagement in full compliance with applicable procurement laws and that our investigation’s findings are accurate and unassailable,” it said.
“These last few weeks have been difficult.
There is a growing frustration within our firm that we did not recognise the possibility that we may have been used to further a political or personal agenda.
Bain added it could not, as yet, publicly discuss anything that would affect the ongoing work of the commission. — Fin24
Create Account | Lost Your Password?