Johannesburg - The Zondo commission has heard how consultancy firm McKinsey was awarded a contract with Transnet even though it failed to comply with bid processes.
Tshiamo Sedumedi from MNS Attorney has told the inquiry that his law firm found that Transnet had disregarded its own processes in appointing McKinsey as a winning bidder in a consultancy contract.
MNS was appointed by Transnet’s previous board to re-evaluate contracts awarded by the state-owned enterprise.
The law firm looked at four reports.
Sedumedi explained that in 2012, Transnet had issued confinement for consultancy services. A number of companies applied including McKinsey, which was part of a consortium.