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Jack Korba

Jack Korba

Jun 29, 2026

7:39
How important is it from someone who might sit across the table from a David or Olivier or myself like you in your former job and to review that process and to see there was a thoughtful process?
7:51
No, I think it's an excellent point.
7:53
And to go off what David was saying, having at least a well thought out process where you have identified certain risk areas.
8:01
And you have at least made an educated decision and a rational decision based upon your risk tolerance and based upon what your company's capabilities truly are is much, much better than going to the DOJ later and saying, I just didn't have a plan.
8:18
I just didn't have an assessment built in.
8:21
I just didn't think that this would ever come up.
8:24
That is so much better because reasonable minds can disagree or agree about what a correct approach was.

8 MINS LATER

16:29
Jack, what would you say from your perspective is the starting point?
16:01
Could you speak to maybe that angle, which is a little bit unique, certainly different than West Africa, and then maybe transition over to some of the main legal and compliance risks you either see or are advising clients on?
16:14
Yes, absolutely.
16:15
So as Olivier mentioned a little bit, whenever you have a country that's relatively younger and still developing, and you have other countries and potentially adversaries like, like China, for instance, who already have some investment, have already have a footprint in the region, you're going to have some touchpoint risks and some adjacency risks when you're dealing with other entities, other, other potential adversaries that have already operating there for a number of years.
16:42
So that is something that every company has to take into their risk analysis calculation.
16:49
Is this sector something where there is already a competitor there that I have to be worried about? Are there entities there that are operating that if they were operating in the United States, there would be restrictions? Because you have, if you're a seller, if you're an exporter, the problem, the potential risk is not just going to be am I, am I selling, am I dealing with those companies in the US, but is my product, is my controlled product going into the wrong hands? Is my technology that I'm exporting to the DRC, is that something that I have to be worried about based upon who the end user is, based upon who the other counterparty is that I'm dealing with? So all those are going to be issues that sellers, companies, US companies that have to understand and build into their risk analysis when they're considering investment opportunities in the DRC.
17:37
And just from another broader compliance perspective, from a national security standpoint, there are, there's going to be certain sectors that are more just, more of a concern to the US government.
17:48
And you can see that, for example, with recent OFAC actions in over the past even 10, 15 years, but recently as well and across administrations.
21:41
Yes.

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