US firm sues DR Congo over alleged bribery scheme

Legal Action Initiated by PayServices Against the Democratic Republic of Congo

An American financial company, PayServices, has initiated legal proceedings in the United States against the Democratic Republic of Congo (DRC) and several senior officials, citing attempted bribery.

Joint Venture Agreement and Investment

PayServices, based in Idaho, was invited in late 2023 to form a joint venture aimed at revitalizing the DRC's public banking sector and digitizing its national economy. The company agreed to the terms and invested over $72 million in technology and services, with the agreement that the Congolese state would provide a payment of $20 million within two weeks.

Allegations of Corruption and Contract Breach

The lawsuit alleges that multiple DRC officials, without the knowledge of the DRC President, demanded bribes from PayServices. The officials named include the Minister of Public Enterprises, the Minister of Finance, and the Governor of the Central Bank. Close associates of President Félix Tshisekedi, including his chief of staff, were also implicated. Upon refusal of these demands, the defendants allegedly conspired to obstruct and terminate the contract.

PayServices is seeking $20 million in damages along with reimbursement of its investment. The Ministry of Public Enterprises has denied the allegations, asserting that they lack legal, budgetary, or accounting foundation. The ministry accused PayServices of misrepresenting itself as a bank without possessing the legal status of a banking institution.

The ministry stated that it has ceased all administrative follow-up on the case to protect the public treasury. PayServices claims to have met directly with President Tshisekedi in May, who expressed surprise at the alleged obstacles.

Based on reporting by Africanews.