The State v. McKinsey and Company Africa (Pty) Ltd and others

Decisions and steps

1. 30 September 2022Firm appears on fraud, theft and corruption charges^S5
2. 6 December 2024NPA announces a resolution with McKinsey^S2
3. January 2025Charges against the firm withdrawn, per McKinsey^S3

Claims this case bears on

• Outdated71
  News24 reported in September 2022 that the NPA charged McKinsey South Africa with fraud, theft and corruption over Transnet contracts.
  Press report, 30 September 20224 records citedCorporate status
• Supported88
  The US Justice Department said in December 2024 that McKinsey Africa agreed to pay bribes to then officials at Transnet and agreed to a criminal penalty of US$122,850,000 under a deferred prosecution agreement.
  Regulator statement, 5 December 20243 records citedBribery

Sources

1. S5Tier C NPA charges McKinsey SA with fraud over Transnet locomotive debacleNews24Wire via Polity.org.za. Press report. 30 September 2022.Reports the 2022 charges and the court appearance. No byline is shown and its status was overtaken in 2025.Link working, checked 25 October 2026
2. S2Tier A NPA reaches resolution with McKinsey South AfricaSouth African Government News Agency (SAnews). Government press release. 6 December 2024.Supports the NPA resolution, the acceptance of responsibility and the restitution. It does not state that charges were withdrawn.Link working, checked 25 October 2026
3. S3Tier B McKinsey South Africa has entered into a final resolution with the U.S. Department of Justice (DOJ)McKinsey & Company. Company statement. 5 December 2024, with a later update.Company statement with an update saying the NPA withdrew its charges in January 2025. It is the company's own account.