McKinsey subsidiary will pay $122M for scheme to bribe South African officials, US says

South Africa: NPA Reaches Resolution With Mckinsey South Africa to Repay R1bn

[SAnews.gov.za] The National Prosecuting Authority (NPA) has secured a resolution with infamous multinational company, McKinsey South Africa, to pay back some R1.1 billion to state coffers for its role in State Capture.

USA: McKinsey pays fine for corruption in South Africa

An African subsidiary of consulting firm McKinsey & Company Inc. will pay a criminal fine of more than $122 million to end a U.S. Justice Department investigation into a years-long bribery scheme of South African officials, U.S. authorities said Thursday.

McKinsey agrees to pay $122 million to settle South African bribery charges in the US

McKinsey's Africa division was under investigation for its involvement in a bribery scheme between 2012 and 2016.Fabrice Coffrini/AFP via Getty ImagesConsulting firm McKinsey has agreed to pay over $122 million to settle bribery claims.The plan earned McKinsey and McKinsey Africa profits of about $85 million, the US DoJ said.A former senior partner at the firm's Africa division pleaded guilty to a conspiracy charge.McKinsey has agreed to pay mor…

McKinsey & Company to pay $122 million to settle South African bribery case

McKinsey & Company Africa Limited will pay more than $122 million to end a federal investigation into alleged bribery of South African officials from 2012 to 2016, federal prosecutors announced Thursday.

McKinsey subsidiary will pay $122 million for scheme to bribe South African officials: U.S.

McKinsey Africa pays $122 million penalty for bribing South African officials, enters deferred prosecution agreement with Justice Department

McKinsey SA to pay R1.1bn for criminal conduct of partner Vikas Sagar

The National Prosecuting Authority (NPA) announced on Thursday it had concluded an alternative dispute resolution with McKinsey & Company’s subsidiary, McKinsey South Africa.