DA lays criminal charges against McKinsey, calls on US commission to investigate

The DA opened a case against international consultancy firm McKinsey for corruption, fraud and collusion.

DA's shadow minister for public enterprises Natasha Mazzone on Tuesday laid the criminal charges in terms of the Prevention and Combating of Corrupt Activities Act.

We've laid these charges because officials to get to the bottom of exactly what happened and who was responsible.

Natasha Mazzone, MP and DA Shadow Minister of Public Enterprises

She says there is overwhelming evidence that there was "dodgy dealings" going on between McKinsey, Gupta-linked company Trillian and Eskom dating back to 2013.

It's emerged that the international firm was warned of the risks associated Trillian four years ago but ignored them in order to secure a massive contract with Eskom.

McKinsey SA executives warned McKinsey USA executives that there was something seriously amiss with deals going on. This was ignored.

Natasha Mazzone, MP and DA Shadow Minister of Public Enterprises

Mazzone says police officials have given her a case number and she has written Securities and Exchange Commission (SEC) in the Unites States for them to investigate.

Meanwhile, watchdog Corruption Watch is also pursuing charges against McKinsey in the U.S.

Take a listen:


This article first appeared on CapeTalk : DA lays criminal charges against McKinsey, calls on US commission to investigate


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