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Banking documents reveal consulting giants' cash windfall under Angolan billionaire Isabel dos Santos


Banking documents reveal consulting giants’ cash windfall under Angolan billionaire Isabel dos Santos
Boston Consulting Group, PwC, and McKinsey made tens of millions from a project to modernize state-owned oil company Sonangol, despite red flags indicating corruption.
February 15, 2021
Three of the world’s largest consulting firms received tens of millions of dollars in payments from an obscure firm in Dubai to help restructure Angola’s corruption-ridden oil sector, according to documents that reveal new details about suspicious money flows described in the globe-spanning Luanda Leaks investigation.
The Dubai firm, Matter Business Solutions, forwarded $31.2 million to Boston Consulting Group, $21.4 to PwC and $15.4 million to McKinsey as part of a 2017 project to modernize Sonangol, Angola’s state-owned oil company, according to bank statements and other documents seen by the Portuguese news outlets Expresso and SIC. ....

United Arab Emirates , France General , United States , Sindika Dokolo , Carlos Russo , Alexandra Gillies , Carlos Saturnino , Natural Resources Governance Institute , Matter Business Solutions , Boston Consulting Group , Transparency International , Luanda Leaks , Boston Consulting , Natural Resources Governance , Matter Business Solution , Paula Cristina Fidalgo Carvalho , Neves Oliveira , Santos Maltese , Protect Whistleblowers , ஒன்றுபட்டது அரபு அமீரகங்கள் , பிரான்ஸ் ஜநரல் , ஒன்றுபட்டது மாநிலங்களில் , கார்லோஸ் ருஸ்ஸோ , அலெக்சாண்ட்ரா கில்லீஸ் , கார்லோஸ் ஸ்யாடர்நிநோ , இயற்கை வளங்கள் ஆளுகை நிறுவனம் ,