McKinsey & Company and other consulting firms have long faced criticisms for their involvement with governments. Investigative journalists and academics alike have flagged their growing influence, citing cases like the staggering expenses of up to £1 million per day on private consultants for the UK’s Covid-19 Test-and-Trace service, or the €10.7 million in contracts paid to McKinsey by the French government during the same crisis.
The investigation into the French government’s over-reliance on McKinsey led to a Senate report and, eventually, a scandal dubbed “McKinsey Gate”. On September 18, journalist Elise Lucet brought the issue to the forefront with her investigative TV show Cash Investigation. The episode zeroed in on McKinsey’s ties to the 2017 presidential campaign of Emmanuel Macron, alongside allegations of fraud and tax evasion.
Cash Investigation is famous – or infamous, if you happen to be the subject of an episode – for its deep dives into corporate and political controversies. The show has exposed a myriad of scandals, from environmental misdoings to tax fraud. In the episode dedicated to McKinsey, Lucet was on a mission to unravel the web of influence it allegedly wove during Macron’s ascent to the presidency.
