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No evidence McKinsey instigated corruption with Transnet, Eskom - senior partner

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Gaopalelwe Phalaetsile
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US consultancy firm McKinsey and Co has told the commission of inquiry into state capture that a thorough investigation has found that the company did not instigate corruption at South African state-owned companies.
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On Wednesday, the commission confirmed that the consulting has committed to repaying R650 million it received from the South African Airways (SAA) and Transnet.

This is in relation to the contracts McKinsey worked on at the state-owned entities alongside Gupta-linked Regiments between 2012 and 2015.

Asked whether the company had found evidence of corrupt payments by McKinsey to Eskom or Transnet officials, Mieszala said no. ....

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