Exclusive: Labour peer calls on US president to follow UK in banning firm over misconduct in South Africa

Joe Biden should follow the UK in banning the global management consultancy firm Bain & Company from future government contracts, the Labour peer Peter Hain has said.

In a letter shared with the Guardian, the former minister and anti-apartheid campaigner urged the US president to “act on this matter and establish a clear precedent that will signal to all US global companies, consultancies, lawyers, auditors and financial advisers that collusion with corrupt politicians and their business cronies in other countries will not be tolerated”.

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