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Haiti earthquake: 'Baby Doc' Duvalier pledges £5m aid

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posted on Jan, 16 2010 @ 07:48 PM
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Haiti earthquake: 'Baby Doc' Duvalier pledges £5m aid


www. telegraph.co.uk

Haiti’s reclusive former dictator has pledged £5m aid to his former subjects and expressed “complete solidarity” with their suffering since the earthquake. Jean-Claude Duvalier, known as “Baby Doc”, who lives in exile in Paris, emailed a reporter to say he wanted to donate money.

He said that he would officially ask the Foundation set up in the name of his late mother, Simone Ovide Duvalier, to transfer the $8 million (£5 million) to the American Red Cross for relief work.

Mr duvalier, whose regime was a byword for brutality and corruption, said: “It is with great horror
(visit the link for the full news article)




posted on Jan, 16 2010 @ 07:48 PM
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This man has no shame and is a vile individual. Unfortunately, Haiti is in desperate need of the money. Well, since he's in exile in France, perhaps he ought to send over the rest of the 900 million he stole from the country. Or perhaps they could forward the bill from the loans he and father took out from the US, France, and IMF straight to him, and relieve Haiti of this burden.

www. telegraph.co.uk
(visit the link for the full news article)

[edit on 16-1-2010 by searching4truth]



posted on Jan, 16 2010 @ 07:51 PM
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I had posted this snippet on another thread of mine, but for those unfamiliar with him, here you go.

The Duvaliers swindled international creditors and aid agencies for enormous sums. The American government, via various agencies and banks, lent millions to both dictators. Though there was anger in Washington about the Duvaliers and their 80% rate of aid embezzlement, no action was taken to remove them until 1986. The Duvaliers were always happy to sign up to new loans, and to give lucrative contracts to American corporations. Most of the projects went nowhere. Haiti is littered with half-built and abandoned schools, hospitals, bridges and roads. Most of the money lent to the Duvaliers found its way into private bank accounts. When Baby Doc fled, he took millions with him: estimates go as high as $900m. The debts incurred by the Duvaliers make up 45% of Haiti’s total current debt. None of the creditors finds the fact of their complicity a compelling argument for cancellation. Those creditors include the Inter-American Development Bank, the World Bank, the IMF and the governments of the US and France. Debt relief is at the discretion of the Heavily Indebted Poor Countries Initiative, run by the World Bank and the IMF. Haiti must meet certain conditions, including poverty reduction and inflation controls, before any debt can be written off. By international standards, the sums are small, but for Haiti they are enormous. The World Bank alone demands an estimated $1.6m a month.



posted on Jan, 16 2010 @ 09:51 PM
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no takers? my one and only shameless bump
2nd


MBF

posted on Jan, 16 2010 @ 10:09 PM
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The problem with Haiti has been corrupt government for a long time. Well, I guess it is nice to give them back a little of what he stole.



posted on Jan, 16 2010 @ 10:26 PM
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Yeah, isn't he great
. Sadly, just for fun I was playing with the numbers and if he had his 900 m in a standard 1% savings account he would've earned 216m in interest alone. Makes his 8m offer seem slightly weak.


MBF

posted on Jan, 17 2010 @ 12:08 AM
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They should take all the money that he stole and use it to rebuild the country. Line 2.



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