New York | McKinsey has agreed to pay $US122 million ($190 million) to authorities in the US and South Africa over its role in a sprawling corruption scandal during the administration of former South African president Jacob Zuma.
The consulting group paid bribes to win millions of dollars of consulting work with South African state-owned companies between 2012 and 2016, according to a deferred prosecution agreement announced by the US Justice Department on Thursday (Friday AEDT) and a statement by South Africa’s National Prosecuting Authority.
