Why is TUSIAD quiet on the McKinsey issue?

Dünya Executive - - POLITICS -

2002 to 1996, so to speak, were the years when McKinsey had a free hand in Turkey. Many TUSIAD members have worked directly or indirectly with the consultanc­y. Cem Boyner, known for his support for the Gezi protests, got consultanc­y services from McKinsey in 1997 for the financial company Benkar. Yasar Holding, one of the founders of TUSIAD, turned to McKinsey in 1999 during its restructur­ing. Bayindir Group also knocked on McKinsey’s door in 1999. Sabancı Holding’s former Chairman of the Board of Directors, Sakip Sabanci, said in a statement in 2004 that they had been working with McKinsey for eight years. Others include Borusan Holding, Doguş Holding, Eczacibasi and Dogan Holding. TUSIAD members, who owe their fortune to the representa­tion of foreign brands, have commented on every topic except for the economy for years. Currently, Turkey’s most important topic is McKinsey and the “economic crisis”. TUSIAD has made no comment, either positive or negative. Our President, Recep Tayyip Erdogan, announced on Saturday that McKinsey will not be hired. I believe that TUSIAD will not continue this silence after the announceme­nt.

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