McKinsey faces €65 million seizure in French tax fraud probe

Belgian authorities have seized €65 million ($76 million) in connection with a French investigation into alleged tax fraud and money laundering involving consulting firm McKinsey. French and Belgian prosecutors announced the seizure on Friday, following an investigation that began in March 2022 after a French Senate inquiry examined the significant influence of private consulting firms on public policy.

McKinsey offices in France were searched in May 2022. French prosecutors interviewed witnesses and suspects in 2025 and 2026. The French prosecutor's office sought assistance from Brussels' prosecutor's office for the case. Belgian authorities seized 96% of the estimated €68 million tax loss, amounting to €65.2 million. McKinsey stated it is cooperating with the French authorities and denies any wrongdoing, reaffirming its commitment to tax compliance in all countries where it operates.