Duvalier assets to be forfeited on the basis of new Restitution Act
Bern, 2.2.2011 - The new Federal Act on the Restitution of Assets of Politically Exposed Persons obtained by Unlawful Means (RIAA) came into force on 1 February 2011. Today the Federal Council decided to ask the Federal Department of Finance (FDF) to initiate proceedings for the forfeiture of the Duvalier funds frozen in Switzerland. The Federal Administrative Court (FAC) will be in charge of these proceedings.