Bain Capital co-chairman Stephen Pagliuca is part of a consortium to by Chelsea. Parliament heard that the company have been indicted for acting 'unlawfully' in South Africa.
Lord Peter Hain used parliamentary privilege to ask that his bid be barred. Roman Abramovich is being forced to sell Chelsea after being hit by sanctions. A shortlist of preferred bidders is established and the process is due to end soon
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Chelsea bidder slammed for 'despicably corrupt business practice'Fresh controversy has rocked the Chelsea bidding process after ministers were asked to bar the shortlisted offer made by Bain Capital co-chairman Stephen Pagliuca.
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