ROME - Italian Prime Minister Mario Draghi’s government is facing criticism for hiring consulting giant McKinsey to help it rewrite plans for spending the European Union funds aimed at rebuilding the economy.The government said on Saturday it had signed a 25,000 euro contract with McKinsey to look at the issue. It did not give details of how much work the firm would do, but the sum is very small by the standards of consulting firm costs.
With time running out, the Economy Ministry said in a statement that it had asked McKinsey to assess the plans already prepared by the other EU countries and to provide “support for monitoring the finalization of the Plan”. “Any changes to the Recovery Plan governance must be told and explained to the parliament,” tweeted former deputy Economy Minister Antonio Misiani, a lawmaker from the ruling Democratic Party .
Another PD lawmaker, former minister for the Regions Francesco Boccia, told Reuters that given McKinsey’s role helping multinational firms define their investment strategies, “it would not be free of conflict of interests in advising the Italian state on strategic public policy decisions”.
McKinsey? Heard so much about it? Real brains or Criminal Enterprise? I recently read about adverse action against McKinsey. Any organization in this world not tainted by some criminality incl our Church? Of course we know little people end up in jail. Not biggies! Shalom!
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