Pressure mounts on Tshisekedi not to challenge $619m Dig Oil ruling in court
Fellow Kasai natives in the president's entourage want him to negotiate directly with the South African oil company.
The Israeli tycoon has been forced to accept arbitration at the International Chamber of Commerce in Paris, the outcome of which could cost him several hundred million dollars. The name of the tribunal's president has not yet been disclosed, but the arbitrators appointed by each party are now known.
Following a US court ruling, the DRC may see up to $619m of its US assets seized by oil junior Dig Oil. Africa Intelligence has had access to documents that reveal the determining behind-the-scenes role played by several Congolese ministers in this legal fiasco.
Dig Oil has asked a US court for a ruling in default to confirm the International Chamber of Commerce's (ICC) 2018 order for the DR Congo to pay the firm more than $600m for withdrawing an oil block from it and delaying production contracts on others.