But McKinsey and the other two consulting firms chose not to withdraw in 2014, when Russian forces invaded Ukraine and seized Crimea. 24, McKinsey and the other two consulting firms that make up the so-called Big Three in the industry, Bain and the Boston Consulting Group (BCG), said they were pulling out of Russia and suspending business operations. In the case of its consulting in Russia and in Washington, it’s unclear if McKinsey staff shared information across accounts and there’s no evidence that happened.Ībout a week after Russia launched its invasion of Ukraine on Feb. McKinsey denies those claims and denies any wrongdoing. In its opioid-related work, McKinsey faces accusations that its employees may have shared inside information gleaned from FDA regulators with drug companies. national security due to its work with governments hostile to the United States. authorities have not charged McKinsey with violating federal contracting laws related to its work in Russia or China, and there are no allegations that McKinsey has damaged U.S. This work concerned core commercial and operational topics of the sort that we routinely advise our clients on all over the world.” government, we do so through a separate legal entity with separate operational structures and separate information technology where required.”Īs for McKinsey’s consulting for Rostec, Grace said, “Our past work for Rostec subsidiaries did not concern weapons systems. contracting laws, including those regarding conflicts of interest,” Grace said. “As we have stated previously, McKinsey complies with all applicable U.S. government continues to contract with McKinsey despite those potential conflicts,” the senator said.īut the company, which has its headquarters in New York, says it does not see its recent work in Russia as posing a conflict with its consulting for the Pentagon and other federal agencies. When asked by NBC News, a company spokesperson, Neil Grace, said McKinsey has strict rules and firewalls to safeguard against conflicts of interest, and that its work abroad is walled off from its work in Washington. “Whether it be the substance misuse crisis or work for state-owned enterprises in places like Russia and China, I am deeply concerned by McKinsey’s choices and by the fact that the U.S. Maggie Hassan, D-N.H., told NBC News that McKinsey has displayed a “pattern of behavior” in its consulting abroad and in Washington that raised “grave concerns about conflicts of interest.” Workers at a Rostec plant manufacture ammunition for tanks in 2016. And when you talk about Rostec, you’re talking about all of those mixtures,” Blacklin said. would want to be involved in sensitive areas of the Russian defense or intelligence or scientific establishment. “It’s really hard to understand how an American consulting firm. Chamber of Commerce in Russia and president of the consultancy Blacklin and Associates. government, according to Scott Blacklin, a former head of the U.S. Food and Drug Administration.īy carrying out consulting work with a company like Rostec, McKinsey placed itself in a potentially risky position, given its work with the U.S. McKinsey also faces accusations of ignoring possible conflicts of interest when it advised both opioid manufacturers and officials regulating opioids at the U.S. McKinsey has come under scrutiny in Congress for its work with state-owned companies in China, with lawmakers questioning if the company should be awarded national security-related contracts given its extensive presence in China.
0 kommentar(er)
