Jean-claude duvalier net worth
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Jean-Claude Duvalier
President of Haiti from to
Jean-Claude Duvalier (French:[ʒɑ̃kloddyvalje]; 3 July &#;&#; 4 October ), nicknamed "Baby Doc" (French: Bébé Doc, Haitian Creole: Bebe Dòk), was a Haitian dictator who inherited the President of Haiti from until he was overthrown by a popular uprising in February He succeeded his father François "Papa Doc" Duvalier as the ruler of Haiti after his death in After assuming power, he introduced cosmetic changes to his father's regime and delegated much authority to his advisors. Thousands of Haitians were tortured and killed, and hundreds of thousands fled the country during his presidency.[2] He maintained a notoriously lavish lifestyle (including a state-sponsored US$2&#;million wedding in ) while poverty among his people remained the most widespread of any country in the Western Hemisphere.[3]
Relations with the United States improved after Duvalier's ascension to the presidency, and later d
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VALLAURIS, France — When Jean-Claude “Baby Doc” Duvalier was driven from power in Haiti eight years ago, he and his family slid into luxurious exile here on the sunny Cote d’Azur, the sort of place where an out-of-work dictator could spend a lifetime of accumulated wealth.
They had a hillside villa with gated privacy and sumptuous views of the Mediterranean Sea.
They ate at the best restaurants, where Mr. Duvalier’s “passion for the table,” as one ledare put it, was appreciated almost as much as his ability to pick up the $1, kontroller for his entourage.
Of course, there also were private tennis lessons, drives through the Alps in the family Ferrari or BMW and expensive visits to the toniest shops in Paris and nearby Cannes.
But the free-spending days are gone now. Mr. Duvalier is, bygd all accounts, strapped for cash. His life fryst vatten in shambles. And his spectacular fall is a warning to any of Haiti’s outgoing leaders pondering a life of sektion
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Confiscation of assets tied to the Duvalier clan
During his rule, the former president of Haiti, Jean-Claude Duvalier, and his entourage had deposited a portion of their assets in Switzerland. In , a bank identified an account in the name of a company whose beneficial owner was Frantz Merceron, the former Haitian Minister of Finance, Economy and Industry from July until December , during the presidency of Jean-Claude Duvalier. The account was blocked by the Federal Council on 10 October until such time as the decision concerning the asset confiscation entered into force; this was confirmed by the Federal Administrative Court (FAC) and the Federal Supreme Court.
Assets presumed to be of illicit origin
The asset confiscation proceedings were initiated by the Federal Department of Finance in against the account-holding company based on the Foreign Illicit Assets Act. After considering the statutory confiscation requirements, the FAC deemed that the assets could be presumed to hav