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Pakistan Supreme Court seeks repatriation of President Zardari's millions stashed abroad

By       Message Abdus Sattar Ghazali     Permalink
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Citing the examples of Filipino dictator Ferdinand Marcos and Nigerian President Sani Abacha, Pakistan's Supreme Court suggested Tuesday that President Asif Ali Zardari's ill-gotten money stashed in Switzerland and elsewhere should be brought back to Pakistan.

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This came in the detailed judgment of the apex court about the National Reconciliation Ordinance (NRO) which was declared as null and void last month. The controversial law granting amnesty to senior politicians, accused of serious corruption charges, was introduced by former President General Pervez Musharraf.

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The Supreme Court has ordered the government to reopen the money laundering case against President Zardari in Switzerland, which was withdrawn under the NRO. Last month, the National Accountability Bureau (NAB) filed a fresh report on Swiss cases which revealed that frozen Swiss accounts contained $60 million - a sum that has been released.

The NAB list showed President Asif Ali Zardari possessing assets worth $1.5 billion (Rs 120 billion) abroad $300 million (Rs 24.14 billion) in the country. President Zardari's assets in foreign countries include houses and bank accounts in Spain, France, the US and Britain. At least his assets worth Rs 22 billion were mentioned as beyond means and the cases in this regard were withdrawn by the Accountability Court on March 5, 2008, under the controversial NRO.

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Author and journalist. Author of Islamic Pakistan: Illusions & Reality; Islam in the Post-Cold War Era; Islam & Modernism; Islam & Muslims in the Post-9/11 America. Currently working as free lance journalist. Executive Editor of American (more...)
 

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