South Africa : McKinsey admits lapse in judgement, denies corruption
17 Oct 2017

Global consultancy firm McKinsey has admitted that it found violations of its professional standards, as its probe into the firm neared completion.

But it denied that the firm was involved in any acts of bribery or corruption, or had made payments to Trillian.

In a statement on Tuesday, McKinsey said it has never made payments directly or indirectly to secure contracts, nor had it aided others in doing so.

It also stated the firm did not introduce Trillian to Eskom, nor vice versa.
Tom Barkin, McKinsey’s global chief risk officer, said McKinsey rejected the notion that it was involved in any acts of bribery or corruption related to its work at Eskom, and through its interaction with Regiments or Trillian.

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