Evidence Leader Adv. Chaskalson talks about how McKinsey has been unjustifiably criticised in relation to state capture, it’s ongoing co-operation and transparency with the Commission, and its response to issues of contracts linked to wrongdoing
Statement regarding the National Prosecuting Authority matter
Statements on the Transnet and SAA Matter
Read McKinsey’s statement on its settlement with South African Airways, 5 July 2021
Read McKinsey’s statement on its settlement with Transnet SOC Ltd, 26 May 2021
Read the joint media statement by Transnet SOC Ltd and McKinsey & Company, 25 May 2021
The background context to this settlement agreement was included in the 9 December 2020 media statement from the Judicial Commission of Inquiry (published here) and McKinsey’s announcement (published here).
Read our Firm’s statement on matters relating to Transnet and SAA, 9 December 2020Statement from the Judicial Commission of Inquiry into State Capture about our further voluntary commitment to repay fees, 9 December 2020Read the submission by Senior Partner and Chief Risk Officer, Jean-Christophe Mieszala to the Judicial Commission of Inquiry into State Capture, 10 December 2020 Read the submission by Senior Partner, Dr David Fine to the Judicial Commission of Inquiry into State Capture, 10 December 2020Read the submission by Senior Partner, Dr Alex Weiss to the Judicial Commission of Inquiry into State Capture, 11 December 2020
Statements on the Eskom Matter
Speech by Kevin Sneader, global managing partner of McKinsey & Company, at Gordon Institute of Business Science Seminar, 9 July 2018Read our firm’s statement of 6 July 2018Read our firm’s statement of 17 January 2018Read the submission by Senior Partner David Fine to the South African Parliament Portfolio Committee on Public Enterprises, 15 November 2017 (PDF–460KB)Read our firm’s statement of 17 October 2017
VIDEOS ABOUT MCKINSEY’S SETTLEMENT WITH TRANSNET SOC LTD
Minister Pravin Gordhan about McKinsey’s settlement
Honourable Minister Pravin Gordhan of the Department of Public Enterprises comments about McKinsey’s settlement with Transnet and applauds McKinsey’s efforts and that of the board and management of Transnet.
Adv. Chaskalson about McKinsey’s settlement
Evidence Leader Adv. Chaskalson places on record at the Commission that McKinsey will soon have repaid all fees earn, including interest, on contracts with Regiments Capital at Transnet and with Trillian at Eskom.
Adv. Chaskalson about McKinsey’s conduct as a good corporate citizen
Evidence Leader Adv. Chaskalson places on record with the Commission that McKinsey has shown what a responsible corporate citizen does in these circumstances.
Videos of Testimony
Adv. Chaskalson about McKinsey
Evidence Leader Adv. Chaskalson talks about how McKinsey has been unjustifiably criticised in relation to state capture, its ongoing co-operation and transparency with the Commission, and its response to issues of contracts linked to wrongdoing.
Commitment to repay fees
Chief Risk Officer Jean-Christophe Mieszala explains why McKinsey has committed to repay fees.
McKinsey’s regrets and apologies
Chief Risk Officer Jean-Christophe Mieszala talks about our firm’s regrets and apologies.
Regiments and Trillian
Chief Risk Officer Jean-Christophe Mieszala talks about why McKinsey ended its relationship with Regiments and that Trillian was not a SDP to McKinsey.
Internal investigation and findings
Chief Risk Officer Jean-Christophe Mieszala talks about the depth of McKinsey’s internal investigation and its findings.
What McKinsey could have done better
Chief Risk Officer Jean-Christophe Mieszala talks about McKinsey’s mistakes, lapses in judgement, and what the firm could have done better.
Changes in South Africa and globally
Chief Risk Officer Jean-Christophe Mieszala talks about the internal actions McKinsey has taken and changes made both to its South Africa office and globally to its network.
Internal actions
Chief Risk Officer Jean-Christophe Mieszala talks about the internal actions McKinsey has taken and changes made globally in respect of third parties as well as clients.
Approach to work with Public Sector and SOEs
Chief Risk Officer Jean-Christophe Mieszala talks about some of the changes McKinsey has made to how it approaches work for the public sector and State-Owned Entities.
Approach to work with Public Sector and SOEs (Part 2)
Chief Risk Officer Jean-Christophe Mieszala talks about McKinsey’s internal rules, reviews, and diligence of our work for the public sector and State-Owned Entities.
Audio of Testimony
Chief Risk Officer Jean-Christophe Mieszala explains why McKinsey has committed to repay fees
Chief Risk Officer Jean-Christophe Mieszala talks about our Firm’s regrets and apologies
Chief Risk Officer Jean-Christophe Mieszala talks about why McKinsey ended its relationship with Regiments and that Trillian was not a SDP to McKinsey
Chief Risk Officer Jean-Christophe Mieszala talks about the depth of McKinsey’s internal investigation and its findings
Chief Risk Officer Jean-Christophe Mieszala talks about McKinsey’s mistakes, lapses in judgement, and what it could have done better
Chief Risk Officer Jean-Christophe Mieszala talks about the internal actions McKinsey has taken and changes made both to its South Africa office and globally to its network.
Chief Risk Officer Jean-Christophe Mieszala talks about the internal actions McKinsey has taken and changes made globally in respect of third parties as well as clients.
Chief Risk Officer Jean-Christophe Mieszala talks about some of the changes McKinsey has made to how it approaches work for the public sector and State-Owned Entities.
Chief Risk Officer Jean-Christophe Mieszala talks about McKinsey’s internal rules, reviews, and diligence of our work for the public sector and State-Owned Entities.