Point of interest: McKinsey can't say if it will also pay interest on R650m repayment to Transnet, SAA

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A senior partner at management consulting company McKinsey could not guarantee that the company would also pay interest on the fees it will repay for contracts it earned from state-owned entities Transnet and SAA

Chaskalson said that, six weeks ago, the commission had provided McKinsey with information, including two e-mails, which showed that Sagar was aware that Gupta associate Salim Essa was related to Trillian.

“What this e-mail makes absolutely clear is that contrary to what he told the McKinsey investigators, Sagar knew that Salim Essa was behind Trillian,” Chaskalson said. Mieszala said this e-mail was concerning on multiple accounts. One of the concerns was why Essa was copied into the e-mail discussion.

 

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