Gupta sanctions put state capture specialists KPMG, PwC, McKinsey back in spotlight
As tangible action against state capture masterminds, the Gupta brothers and Salim Essa, is taken by US authorities, the world spotlight is back on corporations that have aided and abetted the corrupt in South Africa. Prominent among these is KPMG, a professional services firm that was embedded in Gupta deals involving graft-tainted politicians. KPMG has not yet been punished for its crimes against a fledgling democracy. PwC, another professional services firm, has apologised, while SAP and McKinsey have taken some steps to fix their wrongs. The message lurking between the lines of The Wall Street Journal is that blacklisting Ajay, Atul and Rajesh Gupta and their lieutenant, Salim Essa, could just be the start of a clamp-down by the US. In the meantime, South Africans are wondering why their own authorities are taking so long to bring the corrupt and the captured to book. – Jackie Cameron
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