Firms shrug off corruption

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The pivotal players in one of the biggest private-sector scandals involving state capture have walked away with their pockets full of money and are being held accountable by no one.

Vikas Sagar, a senior partner at the global consultancy firm McKinsey, left with his pension and a payout from his shares.

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[Vikas Sagar, a senior partner at McKinsey, took his pension and shares payout]

Nine KPMG South Africa senior partners, including Trevor Hoole, Ahmed Jaffer, Mike Oddy and Muhammad Saloojee, quickly left the global giant once news broke of the company’s dodgy relationship with the Gupta family and its complicity in compiling a “misleading” report about a so-called rogue unit at the South African Revenue Service. KPMG will not discuss what they were paid.

German-based global software giant SAP found that three officials were implicated in the scandals that have rocked the country since the Gupta leaks were first reported on.

Source: Mail & Guardian
Firms shrug off corruption


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