The United Kingdom has slapped a three-year ban on the powerful multinational corporation, Bain & Company, which will probably go down in history as one of the best remedies to correct wrongdoing by big companies.
In a victory for Transnet, the luxury properties purchased by two of the company’s former and current senior managers, using kickbacks and bribes from sullied contracts, have been frozen and are now controlled by a curator. Working with the Special Investigating Unit, Transnet plans to recove.