McKinsey, ex-director added to Transnet graft case link...
The R398.4-million Transnet fraud charge sheet has a few new additions: global consulting giant McKinsey & Company SA and Vikas Sagar.
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The R398.4-million Transnet fraud charge sheet has a few new additions: global consulting giant McKinsey & Company SA and Vikas Sagar.
The two accused are joining former Transnet CEO Brian Molefe on charges of fraud and corruption related to an irregular tender bid.
Multinational management consulting firm McKinsey & Co has been charged by the National Prosecuting Authority in connection with the R398.4m Transnet fraud case linked to state capture.
Wood was arrested in May and stands accused, alongside nine others, of a string of corruption charges related to the R93 million graft case over a Transnet locomotives deal.
The State was unsuccessful in preventing Eric Wood, CEO of the defunct Trillian Capital Partners, from having his bail conditions relaxed on Wednesday.