The US management consultancy, Bain, has been barred from government contracts in Britain because of its involvement in a corruption scandal in South Africa.
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The Cabinet Office in London said Bain had been guilty of grave professional misconduct during Jacob Zuma's presidency, which ended in disgrace four years ago.
For its part, Bain said it had apologised for mistakes made by its South Africa office and had repaid all fees from its work with the tax authority (SARS).
It has denied acting illegally.
A government appointed commission in South Africa found that Bain colluded with other private sector companies in a type of corruption known as state capture.