Consultancy giant agrees to two criminal counts, including for conspiring with drug manufacturers, in DoJ settlement
The consultancy giant McKinsey has agreed to pay the US Department of Justice $650m over the next five years to resolve an investigation into the consulting firm’s role in the opioid epidemic.
As part of the deferred prosecution agreement, McKinsey accepted responsibility for its role in the crisis and accepted wrongdoing outlined in the investigation. The charges against the firm will be dropped if the company follows the agreement’s terms over the next five years.
More Stories
Nigeria sues crypto giant Binance for $81.5bn in economic losses and back tax
Xi Jinping tells Alibaba’s Jack Ma and Chinese tech chiefs to ‘show their talent’
Hackers steal $1.5bn from crypto exchange in ‘biggest digital heist ever’