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McKinsey director Jean-Christophe Mieszala is trying to convince the commission that he did not know that his partner, Regiments, was corrupt.
A screenshot of McKinsey principal Jean-Christophe Mieszala testifying in the state capture investigation on December 10, 2020. Image; SABC / YouTube
JOHANNESBURG – McKinsey CEO Jean-Christophe Mieszala agreed that blatant bribes were paid in the acquisition of the South African Airways (SAA) contract.
But the company does not promise to return interest on the fares it earned from the airline and Transnet.
The commission said the consultancy had agreed to pay around R650 million.
McKinsey said it paid Eskom’s fees with interest because the contracts were invalid.
Mieszala is trying to convince the commission that he did not know that his partner, Regimientos, was corrupt.
But the exact amount to be returned by Transnet and SAA remains elusive.
“In the case of Transnet, you could also argue, which is different from Eskom, that there was real work that was done with the profits incurred by the state companies that have also benefited not only from the impact of the work but also from the interest in the impact of the work “.
WATCH: Zondo Commission hears evidence from McKinsey employees
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