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View Diary: Black Kos, Week In Review (244 comments)

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  •  Swiss released his funds. Heard (9+ / 0-)

    he was broke in France.  Perhaps fresh money opens doors fro him to bribe some folks

    "If you're in a coalition and you're comfortable, you know it's not a broad enough coalition" Bernice Johnson Reagon

    by Denise Oliver Velez on Fri Jan 21, 2011 at 03:41:18 PM PST

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    •  Not all released yet - there is (8+ / 0-)

      money that was in his mother's name for him, and that is what this new Swiss law is about - goes into effect on Feb.1.

      link

      An estimated $5 million to $6 million has long been frozen in a Swiss bank account and unavailable to Duvalier. A Swiss statute of limitations ran out last year, and a court ruled that the bank had to give the money to him.

      But that would have looked bad after an earthquake killed more than 300,000 people in Haiti and left this capital in ruins. So the Swiss parliament passed what was familiarly known as the Duvalier law, allowing banking officials to give the money to the Haitian government, which has been seeking to obtain the funds for several years.

      The Duvalier law goes into effect Feb. 1.

      One theory is that Duvalier hoped to come to Haiti, avoid prosecution and then be able to claim that because his homeland has not charged him with anything, he is eligible to receive the millions.

      "Junkies find veins in their toes when the ones in their arms and legs collapse." - Al Gore

      by parryander on Fri Jan 21, 2011 at 03:48:41 PM PST

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