PKonweb Monitor
President Asif Ali Zardari is suspected of having received millions of dollars in kickbacks from the 1994 sale of three French submarines to the Pakistani Navy, the French daily newspaper “Liberation” reported Tuesday.
The subtitle of story in the French paper (translated using iGoogle) is: “Ali Zardari had received commissions in the case of submarines of the DCN”
Link to story in French: http://www.liberation.fr/societe/0101602179-les-pots-de-vin-du-president-pakistanais
In addition, investigators believe that the non-payment of the full amount of the agreed kickbacks may have led to the deaths of 11 French nationals in a 2002 terror attack in the city of Karachi.
In the report, Liberation says it acquired documents that allegedly show that Zardari received 4.3 million dollars in kickbacks from the sale of three Agosta 90 submarines for 825 million euros (currently 1.237 billion dollars).
The documents were sent to the Pakistani National Accountability Bureau (NAB) by British authorities in April 2001 and indicate that Zardari received several large payments into his Swiss bank accounts from a Lebanese businessman, Abdulrahman el-Assir, in 1994 and 1995.
According to a former executive of the French naval defence company DCN, French authorities chose el-Assir to act as intermediary in the deal. He allegedly deposited a total of 1.3 million dollars in Zardari’s bank accounts between August 15 and 30, 1994, one month before the submarine contract was signed, and then 1.2 million dollars and 1.8 million dollars one year later.
According to DCN employees who testified in the terror attack investigation, the kickbacks to Pakistan in the deal totalled 10 per cent of the purchase amount, with 6 per cent, or 49.5 million dollars, going to the military and 4 per cent, or 33 million euros, being funneled to political circles.
In 2001, former Pakistani Navy chief-of-staff Mansour Ul-Haq was arrested for his part in the deal and forced to repay 7 million dollars, the daily says.
Legal proceedings against Zardari were dropped in April 2008, several months before he was elected president. However, the husband of the assassinated former Pakistani president Benazir Bhutto was imprisoned from 1997 to 2004 on corruption charges unrelated to this affair.
The Pakistani president is one of his country’s richest men, with a net worth estimated at 1.8 billion dollars.
The ongoing investigation in Paris into the May 8, 2002, terrorist attack that killed 11 DCN employees in Karachi may shed new light on the submarine purchase and his part in it.
The victims were in Karachi to complete work on the three submarines. According to French media, the magistrate looking into the bombing has rejected the theory that it was the work of al-Qaeda.
He is now considering the possibility that it was carried out by Pakistanis, either because only 85 per cent of the agreed kickbacks to politicians had been paid or because of negotiations carried out by French authorities to sell submarines to India, Pakistan’s enemy.
In any case, some French parliamentarians are now demanding to be allowed to look into how the submarine contract with Pakistan was negotiated and executed.
so Musharaf was right and so are all the Pakistani people right in being disgusted at the thought of him being the President of their country and amazed at the self-righteous politicians who elected him unanimously.
I think these goons have now figured out that it’s better to let each other stay and keep getting the goodies by eating into national wealth, rather than being confrontational and end up with no one being able to enjoy the fuits or corruption when the generals walk in to save the day.
What a disgrace!
Bring back Musharraf to run this place and this time let these parasites be not allowed to run away from the country and made to face charges and be given to the Pakistani people to give them the treatment they deserve.