Showing posts with label NRO. Zardari. Show all posts
Showing posts with label NRO. Zardari. Show all posts

Wednesday, November 4, 2009

NRO why is it taken up so late...

The NRO beneficiaries that sent money out must bring it back!
They have not only taken advantage of it but having availed of it have enjoyed positions and sent money abroad. So much for their patriotism. When not in power they live abroad and come into the country to enjoy the trappings of power. Watch: http://www.youtube.com/watch?v=4jiMiQS5zG8
Regardless how Pervez Musharraf performed in his tenure, history is not going to look kindly on him for this single disastrous act of NRO. It is a blunder as great as that of The Chief Justice that brought him down. This is what happens when you are surrounded by sub-standard brains. The government did not pursue with the indictment which was there for the asking.
Legalised corruption hopefully will go and those who did indulge in looting the nation are brought to justice. All Pakistanis should keep their money in Pakistan. It must be made illegal for Pakistanis not living abroad to have accounts in foreign banks. If you love Pakistan live in Pakistan and park your money in Pakistan. Only then will you do good for Pakistan and people of Pakistan.
I am reproducing the link here which please click and read.
Swiss judge convicts Bhutto

Former Pakistani Prime Minister Benazir Bhutto
Benazir Bhutto: Dogged by corruption charges

A judge in Switzerland has found former Pakistani Prime Minister Benazir Bhutto and her husband, Asif Zardari, guilty of money laundering.

Investigation Judge Daniel Devaud in Geneva sentenced them to a six-month suspended jail term, fined them $50,000 each and ordered they pay more than $2m to the Pakistani Government.

He said they had illegally deposited millions of dollars in accounts in Switzerland, and ordered the money be returned to Pakistan.

Ms Bhutto and Mr Zardari deny misappropriating the money, and are considering an appeal.

The BBC's Zaffar Abbas in Islamabad says the ruling will come as a blow to the former prime minister, who has always said that corruption cases against her in Pakistan were politically motivated.

The latest ruling is a more serious matter and may make it more difficult for her to defend her position, our correspondent says.

Appeal

The case relates to a 1998 indictment in which Benazir Bhutto was accused of having access to money obtained through kickbacks and commissions from two Swiss companies with contracts with the then Pakistani Government.

BENAZIR BHUTTO
1953 - born in Sindh
1979 - father executed
1990/96 - dismissed as Prime Minister
1999 - convicted for not appearing in court
2002 - barred from standing in general elections
2003 - found guilty of money laundering by Swiss judge
An investigation found several numbered accounts in Switzerland in which more than $11m had been deposited.

Benazir Bhutto strongly denies having had access to the accounts and is considering whether to appeal against the ruling.

The couple's lawyer, Farooq Naek, described the order as "illogical, unreasonable, inconsistent with law, based on malafide [bad faith] and ... politically motivated."

He complained that the announcement had been made without notices having been served on either Ms Bhutto or Mr Zardari.

Ms Bhutto lives in self-imposed exile in London and the Middle East.

Asked whether the Swiss ruling could affect Ms Bhutto's permission to remain in the UK, a Home Office spokesman told BBC News Online that they do not comment on individual cases.

But they said: "A person holding an entry clearance can be refused entry to the United Kingdom if there has been a change of circumstances since the visa was issued."

Her husband is currently serving a jail term in Pakistan for corruption.

In a separate development, Mr Zardari was formally indicted on Tuesday for the murder of a chairman of state-owned Pakistan Steel, Sajjad Hussain, who was shot in 1998.