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Olivier claims to be one of the fallen angels who rebelled against God at the beginning of time and fell from grace - through time however he adopted the Punisher's skull motive as his own symbol.
As a result every soul the Punisher kills becomes Olivier's servant in the afterlife and the demon has developed a twisted relationship with Punisher, an antagonism made worse by the fact Olivier is reliant on Punisher to keep him in power.