The agreement brings to a conclusion investigations by the Department of Justice and the NPA into McKinsey South Africa's work for state-owned enterprises Eskom and Transnet from 2012 to 2016.

While many have lamented the slow wheels of justice when it comes to the prosecution of State Capture corruption cases, the National Prosecuting Authority (NPA) has just clawed back R1.1-billion from multinational company McKinsey and its subsidiary, McKinsey South Africa through a Corporate Alternative Dispute Resolution process.

The resolution is the product of international co-operation between the NPA and the United States Department of Justice, and was co-ordinated with US criminal justice processes that resulted in a settlement agreement confirmed on Thursday, 5 December 2024, by a US Federal Court.

The agreement brings to a conclusion investigations by the Department of Justice and the NPA into McKinsey South Africa's work for state-owned enterprises Eskom and Transnet from 2012 to 2016.

Intentional NPA strategy

National Director of Public Prosecutions, Shamila Batohi, said there were two aspects to accountability -- prosecutions and paying back.

"This is part of a very intentional NPA strategy. We have the added benefit of getting an upfront payment of more than R1-billion in punitive reparations that can be used to enhance the capacity of the justice system," she said.

Batohi noted that the impact of resolutions such as this one, pointing out that about R2.2-billion from the...