KiwiRail reveals $8m cost of McKinsey contract, Winston Peters blasts spend as ‘unacceptable’

KiwiRail reveals $8m cost of McKinsey contract, Winston Peters blasts spend as ‘unacceptable’
Rail Minister Winston Peters has criticised KiwiRail for spending $8 million on global consultants McKinsey. (Image: KiwiRail)
Oliver Lewis
KiwiRail spent $8 million contracting McKinsey to assist with a strategic review to enhance its performance and set the company up for growth.Finance Minister Nicola Willis last year criticised the spend, but the figure wasn’t disclosed despite requests from BusinessDesk and others.The NZ Herald complained to the Ombudsman seeking the release of the information but was initially unsuccessful. However, the Ombudsman then reconsidered and issued a final decision last month directing KiwiRail to consider releasing the figure.Minister blasts...

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