This is an audio transcript of the FT News Briefing podcast episode: Bain under fire for enabling South Africa corruption
Joanna S Kao
Good morning from the Financial Times. Today is Monday, January 17th, and this is your FT News Briefing.
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We’ll start today’s show with a scoop about pension money, private equity and Israeli spyware.
Kaye Wiggins
Investors that have for a long time been able to hide behind, you know, not disclosing their involvement in this messy situation will now have to be sort of held accountable for it.
Joanna S Kao
And global management consultants have been under fire for aiding state corruption. The latest is Bain & Co for its role in a scandal in South Africa. The FT’s Joseph Cotterill will tell us about that. And new data on European car sales shows electric moving ahead of diesel. I’m Joanna Kao, in for Marc Filippino, and here’s the news you need to start your day.
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The FT has learned that pension money from the UK’s largest energy supplier was used to buy an Israeli spyware maker that’s blacklisted by the US,…
