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Consultancy McKinsey SA will not earn a cent for the project management work it was employed to do on behalf of lobby group Business for South Africa (B4SA). This follows the embattled agency's withdrawal from B4SA after it was charged with tender fraud at state-owned rail company Transnet.

The question of payment is now a moot point since McKinsey withdrew of its own accord, according to B4SA chair Martin Kingston.

"B4SA accepted their proposal under the circumstances. McKinsey withdrew of their own volition," said Kingston. "McKinsey would have been compensated appropriately for their support. As they have withdrawn, the question is moot."

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