South Africa’s National Prosecuting Authority (NPA) claws back R1.1 billion (approximately $73 million) from McKinsey & Company and its subsidiary McKinsey South Africa through a Corporate Alternative Dispute Resolution process, representing a final settlement of the state capture scandal. …
McKinsey & CompanySouth Africa National Prosecuting AuthorityU.S. Department of JusticeMcKinsey South AfricaEskom+1 moremckinseysouth-africastate-capturecorruptionsettlement+3 more
McKinsey Africa enters into a three-year deferred prosecution agreement with the U.S. Department of Justice, agreeing to pay more than $122 million (approximately R2.2 billion) to resolve criminal charges for conspiracy to violate the anti-bribery provisions of the Foreign Corrupt Practices Act. The …
McKinsey AfricaU.S. Department of JusticeVikas SagarSouth African National Prosecuting AuthorityTransnet+1 moremckinseysouth-africastate-capturebriberycorruption+5 more
McKinsey & Company reaches a settlement with South African power utility Eskom Holdings and a unit of the prosecuting authority, agreeing to return approximately R1 billion ($74 million) in fees earned on work for the electricity producer. Eskom had asked McKinsey to pay back the funds the …
McKinsey & CompanyEskomSouth AfricaGupta FamilyJacob Zuma+4 moremckinseysouth-africastate-capturecorruptiongupta-family+2 more