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McKinsey says it ditched Trillian partnership over shareholder flags

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Cape Town - McKinsey, the global consulting firm implicated in a report on Trillian, said although the company at one time explored a partnership with Trillian, it decided not to proceed due to concerns over its shareholding. 

"At one time we explored a formal supplier development partnership with Trillian, but as a consequence of a detailed risk review we decided over a year ago not to proceed because of our concerns about Trillian’s shareholding," Bonita Dordel, director of external relations Africa, told Fin24 via email. 

Advocate Geoff Budlender on June 29 released a report, following an investigation into the Trillian group of companies. The investigation was requested by outgoing chair Tokyo Sexwale after a whistleblower reported that Trillian executives had been aware that Nhhanla Nene would be axed as finance minister months ahead of time.

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