Haiti to recover plundered Duvalier assets from Switzerland

[struggle4progress]

Poverty - 14 February 2009, 10:36 AM

New York.– Haiti is on the way to recover $6 million assets allegedly plundered by former President Jean-Claude Duvalier and stashed in Switzerland thanks to an initiative backed by the United Nations.

This a joint effort by the governments of Haiti and Switzerland, supported by the World Bank and the United Nations Office on Drugs and Crime's (UNODC) Stolen Recovery Asset Initiative.

The Swiss Federal Office of Justice's ruling on the Duvalier assets was issued after the account holders failed to prove to the court that the funds were legitimately acquired. Account holders still have 30 days to appeal the decision.

http://www.dominicantoday.com/dr/world/2009/2/14/31087/Haiti-to-recover-plundered-Duvalier-assets-from-Switzerland

[Judi Lynn]

1. Now this is some great news. Haiti needs its money back NOW.

With some shrewd management, that money can go a long way to help.

Thanks so much for posting this. It's truly news to celebrate.