A Senate subcommittee grilled executives from Boston Consulting Group, McKinsey & Company, M. Klein & Company and Teneo Tuesday on their company’s compliance with congressional subpoenas related to their work with Saudi Arabia’s Public Investment Fund (PIF).
The PIF filed lawsuits in Saudi Arabia against each of the four U.S.-based contractors last fall in what the leaders of the Senate Permanent Subcommittee on Investigations described as an attempt to “hamper” their inquiry, which they warn could weaken powers of…
