Mobile UPI  |   About UPI  |   UPI en Español  |   UPI Arabic  |   UPIU  |   My Account
Search:
Go

Swiss to return millions to Congo Republic

|
|
 
  
Published: July 18, 2007 at 11:35 AM

GENEVA, Switzerland, July 18 (UPI) -- Congolese President Joseph Kabila said he is disappointed Switzerland will return only a fraction of an estimated $1 billion deposited by a former dictator.

Swiss Confederation President Micheline Calmy-Rey said her government is ready to return the $6.6 million deposited by Mobutu Sese Seko before he died in exile in Morocco in 1997.

Seko was ousted by rebels led by Kabila's father, Laurent, who took control of the country, BBC News reported Wednesday.

Speaking with reporters after Calmy-Rey's announcement, Kabila said he had expected the Swiss to announce they were holding at least $1 billion Seko embezzled from the government and was believed to have stashed in Swiss accounts. Belongings auctioned in 2001 from his villa in Switzerland netted $100,000.

Topics: Joseph Kabila, Micheline Calmy
© 2007 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

Order reprints
  
Join the conversation
Most Popular Collections
Notable deaths of 2012 Scripps National Spelling Bee AmfAR Cinema Against AIDS gala
Indianapolis 500 Presidential Medal of Freedom Memorial Day around the nation
Additional Top News Stories
1 of 27
Snigdha Nandipati of San Diego wins Finals of the Scripps National Spelling Bee
View Caption
Snigdha Nandipati of San Diego, California watches confetti rain down as she wins the two-day Scripps National Spelling Bee championship, May 31, 2012, in National Harbor, Maryland. Nandipati successfully spelled the word .* guetapens *, meaning to lure or ambush. UPI/Mike Theiler
fark
Man killed in Spencer fire. The lava lamps must have ignited the blacklight posters
Passenger jet crashes into apartment building in Nigerian capitol. Over 150 princes, bank officials,...
I'll see your zombie apocalypse, and raise you "swarms of deadly spiders" invading a town in India...
Photoshop this woman at the wheel
New book is full of girls in their bedrooms, will be read by people who need to have a seat right...
★☆☆☆☆ Michigan is an uninhabitable swamp. Do not settle