McKinsey’s South African mea culpa bombs as it claims “no corruption”, critics reject apology as too little, too late
JOHANNESBURG — I enjoyed a front row seat at the first public engagement by Kevin Sneader, new global managing partner of the world's largest consulting firm, McKinsey & Company – the business in the vortex of South Africa's State Capture scandal. Sneader, who has been in the post for exactly a week, accepted an invitation from GIBS, a leading South Africa's business school. A scathing riposte to his 20 minute speech was delivered by the other panelist, Bonang Mohale, CEO of Business Leadership South Africa. Mohale, who is as eloquent as he is outspoken, was formerly chairman of Shell South Africa. The temperature rose even further when the floor was opened to questions where former Competitions Tribunal's chairman David Lewis and Forensic Investigator Paul O'Sullivan kept up the pressure. A must listen. – Alec Hogg
This is The Rational Perspective I'm Alec Hogg. In this episode McKinsey's mea culpa on South African state capture.
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