An American financial company, PayServices, has filed a lawsuit against the Democratic Republic of Congo and several senior officials, alleging attempted bribery. According to a document seen by AFP, the Idaho-based company claims it was invited to create a joint venture to revitalize the DRC’s public bank and digitize its national economy in late 2023.
PayServices invested over $72 million in technology and services under a contract that stipulated the Congolese state would pay $20 million within two weeks. However, the company alleges that several corrupt officials, including the Minister of Public Enterprises, the Minister of Finance, and the Governor of the Central Bank, conspired to demand bribes without the knowledge of President Félix Tshisekedi. Close associates of the president, including his chief of staff, are also mentioned in the lawsuit.
When PayServices refused to pay the bribes, the officials allegedly sabotaged and breached the contract, terminating the project. The company is claiming $20 million in damages and reimbursement of its investment. The Ministry of Public Enterprises has rejected these accusations, stating they are “devoid of any legal, budgetary, or accounting basis” and accusing PayServices of falsely presenting itself as a bank.
PayServices claims to have met with President Tshisekedi in May, who reportedly expressed shock at the existence of these blockages. The company’s lawsuit highlights the challenges of doing business in the DRC, where corruption and bureaucracy can hinder economic development. The case also underscores the importance of transparency and accountability in business dealings, particularly in countries with a history of corruption.
The lawsuit is significant, as it involves high-ranking government officials and could have implications for the DRC’s economy and international relations. The outcome of the case will be closely watched, as it may impact the country’s ability to attract foreign investment and promote economic growth. With the DRC’s economy still recovering from years of instability and corruption, this case could be a test of the government’s commitment to reform and transparency.
