Corruption Watch has come out guns blazing in their response to the statement released by McKinsey stating that the global consultancy admitted that it found violations of its professional standards but denied any acts of bribery, corruption, and payments to Trillian.
Corruption Watch stated that McKinsey's statement did not adress their concerns, relating to the following:
- The manner in which McKinsey secured the contract with Eskom and the role played by the politically connected Trillian in securing that contract
- The sham relationship between McKinsey, Trillian and Eskom whereby Trillian was clearly presented as McKinsey’s supplier development partner and sub-contractor, whilst simultaneously being assured by McKinsey that it was not required to undertake substantive work on the project
- The means by which McKinsey/Trillian persuaded Eskom to remunerate them in a manner manifestly at odds with the relevant South African statutes and regulation and to the eye-watering extent of R1,6 billion rand for 4-6 months’ work.