Asset Recovery Watch

ARW-36
Charles Taylor / Two Unnamed Associates
Liberia
President (Taylor, 1997-2003) / Unknown (Two Unnamed Associates)
Switzerland
Undertaking Recovery Effort, Location of Recovery Effort, Asset Location / Alleged Asset Location
2003
Unknown
Art.17, Art.23
Yes
Actions Initiated by Foreign Jurisdiction
Letter of Request
Unknown
[Unknown Status of Recovery]
Ongoing
Investigation/Asset Tracing/Asset Restraint
$1,468,320
Ongoing
NA

According to a July 23, 2003 press release by the Swiss Federal Department of Justice, "Around 2 million Swiss francs has been frozen in accounts held by two persons associated with the Liberian president Charles Taylor. No accounts held directly by President Taylor have been found, however." The press release also noted that "The Federal Office of Justice (FOJ) has delegated enactment of the legal assistance application from the Special Court for Sierra Leone to the Office of the Attorney General of Switzerland." The Federal Office of Justice had issued a prior statement stating that acting on a June 19, 2003 request by the Special Court for Sierre Leone, that it had ordered that any accounts of Liberian President Charles Taylor and further persons be blocked as a provisional measure. (Source: Federal Department of Justice and Police, "2 million frozen in Taylor case," press release dated July 23, 2003, posted at http://www.bj.admin.ch/bj/en/home/dokumentation/medieninformationen/2003...).

According to the Special Court for the Sierra Leone, in September 2013, Mr. Taylor's appeal was denied. (Source: Special Court for the Sierra Leone, In the Appeals Chamber, Judgment of September 23, 2013, accessed at http://www.sc-sl.org/LinkClick.aspx?fileticket=t14fjFP4jJ8%3D&tabid=5). Unknown as to the unnamed associates.

United Nations Special Court for the Sierra Leone
United Nations Special Court for the Sierra Leone
United Nations Special Court for the Sierra Leone
Federal Office of Justice
Office of the Attorney General
Unknown