McKinsey works for authoritarian, corrupt governments EVERYWHERE!

EDINBURGH — The media spotlight is sharply focused on McKinsey, with journalists around the world piecing together its work for authoritarian and corrupt governments. South African investigative journalists lifted the lid on the role of McKinsey in the state capture scandal. The London-based Financial Times picked up on the story, telling its influential readership that South African lawmakers have accused McKinsey of possible criminal wrongdoing in a report that condemns the consultant's work for the state power monopoly over its links to a political corruption scandal. The global management consultancy acted as a "de facto legitimising vehicle" for Trillian, a company linked to the Gupta business family, to siphon money from Eskom. The New York Times has contextualised McKinsey's dirty work in South Africa, explaining how McKinsey is extracting juicy fees everywhere via graft-tainted politicians. BizNews summarises the key findings. – Jackie Cameron

By Thulasizwe Sithole

While the United States pulls back from international cooperation and adopts a more nationalist stance, major companies like McKinsey are pursuing business in countries with little regard for human rights — sometimes advancing, rather than curbing, the contentious tactics of America's biggest rivals, says The New York Times.

"It is more likely they enable these regimes and likely become complicit," it reports David J. Kramer, a former assistant secretary of state, as saying. "They don't want to alienate regimes, or they would lose business."

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