McKinsey agrees to repay R650m to SAA, Transnet
McKinsey is one of several companies dragged into the scandal involving government contracts and members of the Gupta family
McKinsey & Co, one of the world’s biggest consultancies and which was ensnared in state capture, has agreed to repay about R650m in fees earned on dodgy contracts at SAA and Transnet, it said on Wednesday.
McKinsey is one of several companies to be dragged into the scandal involving government contracts granted to companies controlled by members of the Gupta family, friends of former president Jacob Zuma. ..