DA to open case against McKinsey for fraud, racketeering & collusion

It's emerged that the international consultancy firm was warned of the risks associated with Gupta-linked company Trillian four years ago.

FILE: DA shadow minister of public enterprises Natasha Mazzone at a picket outside Eskom's Megawatt Park offices in Johannesburg on 15 May 2017 against the reappointment of the utility's CEO Brian Molefe. Picture: EWN.

JOHANNESBURG - The Democratic Alliance (DA) says it will be opening a case against consultancy firm McKinsey for fraud, racketeering and collusion.

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

Shadow minister for public enterprises Natasha Mazzone will be laying the charges on Tuesday.

“The reason we’re doing this is that there are overwhelming allegations that say Mckinsey ignored warnings from their senior SA staff as far back as the beginning 2013 regarding possible dodgy deals with Trillian, Eskom and other Gupta-linked companies.”

Corruption Watch is pursuing charges against McKinsey in the United States.