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Belgian and French authorities seize €65 million from McKinsey in tax-fraud inquiry

From VRT NWS · () Dutch

Translated from Dutch and summarized by DistantNews. Read the original for the full story.

At a glance

News Official statement Under investigation
  • Belgian and French prosecutors seized more than €65 million from consultancy firm McKinsey.
  • The seizure forms part of an investigation into tax fraud and represents 96% of the taxes allegedly evaded.

Belgian and French justice authorities have seized more than €65 million from consultancy firm McKinsey as part of a tax-fraud investigation.

The Brussels public prosecutor’s office and France’s national financial prosecutor announced the seizure. They said the amount corresponds to 96% of the taxes allegedly evaded.

The action involves authorities in both countries and remains linked to the ongoing investigation.

About this summary

Originally published by VRT NWS in Dutch. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.