• |

Jan. 29, 2025

McKinsey Africa’s $122M Settlement Highlights Local Content Law Risk

  • Jaclyn Jaeger
    Anti-Corruption Report
McKinsey and Company Africa (McKinsey Africa), a wholly owned and controlled subsidiary of global consulting firm McKinsey & Company, recently entered into a three-year deferred prosecution agreement with the DOJ to resolve allegations that it engaged in a bribery scheme to win business in South Africa. This article examines the McKinsey Africa agreement in detail, discusses what the DOJ’s expanding partnerships with international enforcement authorities mean for companies facing anti-corruption investigations, and offers broader compliance lessons to take away from the case. See “Gartner’s Settlement for FCPA Violations in South Africa Raises Important Issues” (Jun. 21, 2023).

To read the full article

Continue reading your article with an ACR subscription.

Most-Read Articles

Spotlight on Trailblazing Women

To mark International Women’s Day 2024, women editors and reporters of ION Analytics interviewed outstanding women in the industries and jurisdictions we cover. In this part, Jill Abitbol, Managing Editor of the Cybersecurity Law Report and Anti-Corruption Report, features notable women in data privacy, cybersecurity, white collar defense, compliance and anti-corruption law, including Christina Montgomery, Leslie Shanklin, Palmina Fava, Alexandra Ross and Lucinda Low. Enjoy reading their inspiring remarks here.