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  US Firm Sues DR Congo Over Alleged Bribery Scheme

US firm sues DR Congo over alleged bribery scheme | AfricanewsA shocking lawsuit has been filed in the United States against the Democratic Republic of Congo and several senior officials, alleging a massive bribery scheme. At the center of this controversy is an American financial company, PayServices, which claims it was invited to create a joint venture with the Congolese government to revitalize their public bank and modernize their economy.

PayServices Invited to Create Joint Venture
According to documents seen by AFP, PayServices was approached in late 2023 to partner with the DRC on a project aimed at digitizing and modernizing the national economy. The company accepted the agreement and invested over $72 million in technology and services, under a contract that stipulated the Congolese state would pay $20 million within two weeks.

Allegations of Bribery and Attempted Extortion
However, PayServices claims that instead of receiving the agreed-upon payment, they were met with attempts to bribe them into accepting a lower sum. The company alleges that senior officials in the DRC attempted to extort money from them, threatening to sabotage their business if they didn't comply.

Lawsuit Filed Against DR Congo and Officials
As a result of these alleged attempts at bribery and extortion, PayServices has filed a lawsuit against the Democratic Republic of Congo and several senior officials. The company is seeking damages for the losses they incurred due to the attempted extortion and is calling for greater transparency in government dealings with foreign companies.

This high-profile lawsuit highlights the need for accountability and transparency in international business dealings. As the world becomes increasingly interconnected, it's essential that governments and corporations work together to prevent corruption and ensure fair play. The outcome of this case will be closely watched by businesses and governments around the globe.

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Nuzette @nuzette   

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