French and Belgian Authorities Seize €65 Million in McKinsey Tax Fraud Probe

France's Parquet National Financier and the Belgian judiciary have seized €65 million in an investigation targeting consulting giant McKinsey for aggravated tax fraud laundering.

Key points

• The seized amount represents 96 percent of the estimated fiscal prejudice calculated by the financial prosecutor's office.
• The preliminary investigation was opened in March 2022 following a Senate inquiry into the influence of private consulting firms on public policies.
• Investigations and judicial hearings involving witnesses and suspects have continued through 2025 and 2026.

Why it matters

This major asset seizure marks a significant escalation in ongoing European investigations into the tax practices and political influence of major private consulting firms.