2min chapter

The LRB Podcast cover image

What do management consultants do?

The LRB Podcast

CHAPTER

How the Goopters Made Money in South Africa?

The Gupta family essentially co-opted just about every single big name management consulting firm and accounting and professional services firm that you can imagine into their businesses. The Goopters ended up using the South African government and its contracts as bank accounts to just extract as much as they could. They did so through a whole set of processes. In some instances, they installed their own people in positions in these institutions. And so made a huge amount of money.

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