this post was submitted on 08 Apr 2026
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We dont need a settlement, we need restitution and reform.
Its time that when companies do systemic harm to their customers and the public, that the penalty should be transfer of ownership to a public NGO consisting of its customers and public representation.
Something along the lines of chapter 9 institutions under South African law.
To shareholders, make sure the company operates morally, or you lose your ownership.