'Corporates have to feel the pain', says Lord Hain on his Bain win

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'Corporates have to feel the pain', says Lord Hain on his Bain win
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Bongani Bingwa spoke exclusively to British politician and anti-apartheid fighter, Lord Peter Hain on the UK government's suspension of Bain & Company from public contracts.

Governments can no longer turn a blind eye to the brazen corruption and looting in the private sector by the infamous Gupta family, under President Jacob Zuma in South Africa.

Last year, Hain wrote to UK Prime Minister Boris Johnson demanding that the UK and US governments freeze all state contracts with Bain and bar them from entering any new contracts. The commission found that Bain had conspired and colluded with Zuma and former South African Revenue Service head Tom Moyane to undermine the capabilities of the revenue service, in exchange for R164 million.It's estimated the full cost of the Zuma state capture era amounts to a monumental R1.5 trillion.I don't think the UK government should give any company a government contract when that company has behaved unlawfully and unethically, even in another country.

Hain has called on the US government to follow suit and has already engaged US government officials to act against the company.

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