Supported
The cited record supports the material proposition.
McKinsey said it returned the fees from its Transnet and Eskom work with interest.
returned our fees with interest
- Claim made by
- McKinsey & Company, company statement
- Published
- 5 December 2024
- Original
- McKinsey South Africa has entered into a final resolution with the U.S. Department of Justice (DOJ)
- Evidence score
- 88 How it was scored
- Last reviewed
- 25 October 2026
Why this label
McKinsey's statement says it fired the former partner, returned its fees with interest and cooperated with the authoritiesS3. The DOJ release, an independent record, says McKinsey voluntarily repaid all revenues from potentially tainted contracts in 2018 and 2021S1. The NPA release says McKinsey had already made restitution by returning all fees paid, with interestS2. The three records agree. The DOJ release does not break the repayment down by entity, so this record does not show how much went to Eskom alone.
Current procedural position
Repayments made in 2018 and 2021 according to the DOJS1. Not in dispute in the records read.
Record supporting the assessment
fired Mr. Sagar soon after learning of these issues, returned our fees with interest, cooperated with the authorities
voluntarily repaying, in 2018 and 2021, all revenues
McKinsey has already made financial restitution to these entities by returning all fees paid to it, with interest.
Conflicting or limiting record
No record located that conflicts with this assessment.
Evidence score: 88 of 100
The score grades how well the record establishes this assessment. It is not a score of McKinsey & Company Africa (Pty) Ltd. Score = source authority + directness + corroboration + procedural accuracy + currency + reproducibility.
| Component | Points | Max | Reason |
|---|---|---|---|
| Source authorityIs the source competent to establish the proposition? | 26 | 30 | The DOJ and NPA records are official, and the company statement is a party's own account. |
| DirectnessDoes the source state the proposition or only discuss adjacent facts? | 18 | 20 | All three records state the repayment directly. |
| CorroborationDo independent records support the same material point? | 14 | 15 | Two government records agree with the company statement. |
| Procedural accuracyDoes the record settle the procedural state the claim describes? | 12 | 15 | Repayment is a past fact that no record disputes. |
| CurrencyHas the record been checked against later developments? | 9 | 10 | Checked against the December 2024 resolutions and the January 2025 update. |
| ReproducibilityCan a reader locate the passage and repeat the assessment? | 9 | 10 | All three pages are public. |
| Total | 88 | 100 |
Timeline
Related cases
- United States v. McKinsey & Company Africa (Pty) LtdUS District Court for the Southern District of New York. Criminal. Not published.Stage: Three-year deferred prosecution agreement in effect. No record of dismissal found as of October 2026.
- Criminal information filed and deferred prosecution agreement announcedS1
Revision history
- Assessment first published with label Supported.
Have a record that changes this assessment? See corrections and responses.
Sources
- 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.
- S1Tier A McKinsey & Company Africa to Pay Over $122M in Connection with Bribery of South African Government OfficialsUS Department of Justice. Regulator press release. 5 December 2024.Supports the DPA, the charge, the penalty and the 2018 and 2021 repayments. It does not give a docket number or later developments.Link working, checked 25 October 2026
- 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
Other claims about McKinsey & Company Africa (Pty) Ltd
- Supported88The 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
- Supported73The State Capture Commission found in 2022 that Eskom made settlement payments to McKinsey and Trillian that were unlawful.Official report, 29 April 20224 records citedBribery
- Outdated71News24 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