McKinsey and BCG warn staff they could face jail time in Saudi Arabia if they reveal work done for the country
- Executives from consulting firms like McKinsey & Company and Boston Consulting Group may face jail time for revealing details about their work with Saudi clients.
- Consultancies have a crucial role in shaping economic and social reforms in Saudi Arabia under Vision 2030, necessitating high confidentiality.
- Senate scrutiny into the consulting work with Saudi Arabia's Public Investment Fund highlights the delicate balance between transparency, accountability, and client confidentiality.
13 Articles
13 Articles
The American Consulting Firms That Live in Fear of Their Murderous Clients
For years, America’s most prominent consulting firms have been competing against one another to service the most heinous regimes on the planet, offering their efforts and advice for tyrants and kleptocrats looking to expand their reach and their repression. Even as investigators and officials have targeted other, similarly nefarious elements of America’s foreign lobbying industry, these major consultancy organizations have largely avoided scruti…
US lawmakers question the loyalties of McKinsey and other big American consulting firms over their work in Saudi Arabia
McKinsey & Co. global managing partner, Bob Sternfels, testifies before Congress.Screenshot from C-SPANLeaders at McKinsey and other major consulting firms testified before Congress this week.US lawmakers grilled the executives over their work in Saudi Arabia."We are between a rock and a hard place," McKinsey partner Bob Sternfels said.US Congress this week questioned the loyalties of some of the country's biggest consulting firms.American consu…
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