Corporate Manslaughter and Corporate Homicide Bill

The Home Secretary has made a number of references to the sinking of the Herald of Free Enterprise. I remember that tragedy well, because I was sailing on cross-channel ferries at the time, and representing merchant navy officers in a union. But is it not the fact that, for all the gross incompetence and gross negligence that took place before and during that incident—the systemic disease of sloppiness that the judge talked about—if this Bill had been enacted by then, although the company corporate would have had a very high fine, the result would have been that the acquisition of the company by P&O might have happened faster and the changeover would have taken place, but the senior directors and responsible managers would have walked away scot-free?