Open

Coming up

Don't miss

Replay


LATEST SHOWS

#THE 51%

Ending violence against women: The dangers of trial by Twitter

Read more

THE OBSERVERS

Violent repression in Bahrain and Rio favelas that regret gang rule

Read more

ENCORE!

Michel Hazanavicius on life after 'The Artist'

Read more

IN THE PAPERS

Booing of Juppé by Sarkozy supporters underlines UMP divisions

Read more

BUSINESS DAILY

Hollande's industrial policy under scrutiny during Florange visit

Read more

WEB NEWS

Barbie book sparks online outrage

Read more

WEB NEWS

Concern in France as unauthorised drone use increases

Read more

AFRICA NEWS

Senegalese photographer's flashbacks to Africans throughout history

Read more

MEDIAWATCH

Hollande photographed with Julie Gayet on Elysée palace balcony

Read more

Americas

Swiss banks block Duvalier's millions as part of new restitution law

Text by News Wires

Latest update : 2011-02-01

The Swiss government blocked nearly $6 million belonging to former Haitian president Jean-Claude Duvalier on Tuesday under a new law targeting suspect funds. Duvalier has waged a 25-year legal battle to reclaim his millions.

AFP - 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.

Former Haitian strongman Jean-Claude "Baby Doc" Duvalier and his French wife, Michele Bennet, in 1980.
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.
             

 

Date created : 2011-02-01

  • HAITI

    Former dictator Duvalier breaks silence, asks Haitians for forgiveness

    Read more

  • HAITI

    Haitians moot money motive behind ‘Baby Doc’ Duvalier’s return home

    Read more

  • HAITI

    Former dictator Duvalier charged with corruption, theft

    Read more

COMMENT(S)