The PNF had opened a preliminary investigation for “aggravated laundering of tax evasion” in March. According to a Senate report, the consulting firm has not paid any corporate taxes for “at least ten years”.
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A search is underway, Tuesday, May 24, at the French headquarters of McKinsey, avenue des Champs-Elysées in Paris. Police officers search the headquarters of the consulting firm as part of a preliminary investigation for “aggravated money laundering of tax evasion”, according to the National Financial Prosecutor’s Office. had opened an investigation on March 31, after the Senate commission of inquiry into the influence of private consulting firms on public policy. The French entities of the McKinsey firm are suspected of having created a tax arrangement which allowed them to pay no corporate tax between 2011 and 2020.
McKinsey claims to have provided “the required information”
the firm McKinsey ensured, in a text published on April 6, to stand “at the disposal of the competent administrations and authorities”. The group was surprised, however, at the “focus” on his case. Confirming the search, McKinsey said on Tuesday that “all the required information has been provided”. The society “reaffirms that the firm respects the French tax and social rules applicable to it”.
The opposition had repeatedly called for the opening of an investigation into what it considers to be favoritism which the Macronist majority would show for the benefit of this consulting firm. Then candidate, Emmanuel Macron had estimated in particular that the non-payment of corporate tax by McKinsey was explained by the tax rules in force. “If there is evidence of manipulation, let it go to the criminal court”he had retorted on March 27 to those who reproached him for these numerous contracts.