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Tuesday, February 1, 2011

Swiss block Duvalier millions under new law

RNW, 1 February 2011 - 10:42am

Haiti ex-dictator Jean-Claude "Baby Doc" Duvalier's Swiss millions have been blocked under new legislation that came into force on Tuesday to ease their return, the Swiss government said.

Jean-Claude "Baby Doc" Duvalier's
The Swiss Foreign Ministry confirmed the entry into force of the new law on the restitution of assets of politically exposed persons on its website.

"The Duvalier finds were then blocked under article 14," setting in motion the legal process for seizure, it added.

The new law was partly prompted by a 25 year legal battle between Swiss authorities and the Duvalier family over some 5.7 million dollars of allegedly embezzled funds.

They have been frozen temporarily in a Swiss bank since Duvalier was ousted.

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