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Swiss Cases Dropped, Zardari $60 Million richer

August 29th, 2008 Aimon · 1 Comment

Source: Teeth Maestro

Tables have turned for the better for Asif Zardari since the assassination of his wife Benazir Bhutto on 27th December, he is been literally handed the leadership of the most popular party on a silver platter, he then spins it all to his advantage and consequently his party wins the elections to make him the most powerful man in Pakistan and is now poised to become the President of Pakistan.

In the few months his party has been able to suddenly disappear his numerous corruption cases on the pretext of political motivation, but the most recent issue his the Swiss case where he was being tried for corruption to the tune of US $ 60 Million. With this cleared through he is now a proper millionaire - jackpot is just a word for the unlucky, for him its just business as usual

All this was possible because ‘Pakistan has withdrawn its requests for judicial assistance and has said it has no claim on the frozen assets‘ - Reuters and pray tell me who runs the Govt of Pakistan - you guessed none other then our very own [drum roll] Mr. Asif Ali Zardari - the most powerful man in Pakistan, without a judiciary to over look his shoulder he is a man with a mission.

REUTERS: The full $60 million in assets, seized at the request of the Pakistan authorities, had been released.

In February Swiss lawyers for Pakistan told a Geneva hearing that Zardari was the beneficial owner of offshore companies at the heart of criminal cases in which Pakistan was a civil party. Geneva judicial authorities have been investigating allegations since 1997 that Bhutto and Zardari took kickbacks from Swiss cargo inspection companies and channeled some $12 million via offshore companies in Swiss bank accounts.

In addition Pakistan had asked the Swiss authorities to block further funds, so that a total of $60 million was frozen. Pakistan did not pursue corruption allegations against Zardari at home after the Pakistan Supreme Court in 2001 annulled a 1999 conviction against the couple

Zardari has spent altogether 11 years in prison on corruption, drug-smuggling and murder charges, which he denies. Bhutto was assassinated on December 27, thrusting her husband into the centre of politics. Zardari is running in a September 6 presidential election to replace Pervez Musharraf.

Contracts to inspect Pakistan cargo were awarded to Societe Generale de Surveillance SGS and its former affiliate Cotecna, both Swiss-based, in 1994 when Bhutto was prime minister and Zardari was investment minister

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1 response so far ↓

  • 1 hira // Aug 31, 2008 at 2:35 am

    dis is really funny who ever took da charge in pakistan tha govt withdrawal their cases dis jus bcoz we dont ve justice in pakistan who ever is power he bcomes like a god father dat he can do nything but wat ever is goin on in da country allah may blessed us ameen

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