Anger rises in Pakistan at Bhutto's l...

Anger rises in Pakistan at Bhutto's lavish home

There are 11 comments on the The Age story from Feb 9, 2013, titled Anger rises in Pakistan at Bhutto's lavish home. In it, The Age reports that:

THE builders are still working on a multimillion-dollar home for Benazir Bhutto's son and heir, but it has already provoked angry accusations that the young leader is out of touch with Pakistan's impoverished population.

Join the discussion below, or Read more at The Age.

mICHEAL

Pakistan

#2 Feb 11, 2013
Population Suffer major Inflation and the POLITICIANS Looting Pakistan's Money
mICHEAL

Pakistan

#3 Feb 11, 2013
Diamond necklace exposed Bhutto money-laundering trail

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Brian Whitaker
The Guardian, Friday 8 August 2003 02.36 BST

Details emerged yesterday of how a 117,000 diamond necklace led to the former Pakistani prime minister Benazir Bhutto and her husband being convicted of money laundering by a Swiss court last week.

The pair were given suspended jail sentences of six months each and ordered to repay about 8m to the Pakistani government.

Although Ms Bhutto continues to deny the charges and says she intends to appeal, the Swiss investigating magistrate found that during her second term as prime minister she enriched herself or her husband with kickbacks from a government contract with two Swiss companies.

"There is no doubt that the behaviour of Benazir Bhutto and her husband is criminally reprehensible in Pakistan," the magistrate, Daniel Devaud wrote in his sentencing order after the five-year investigation.

The order, a copy of which has been obtained by the Guardian, says that in 1995 the two companies, SGS and Cotecna, took up a contract for customs inspection of goods being imported into Pakistan.

The judge cited letters showing that 6% of the amount paid by the Pakistani government under the inspection contract would be paid as commission to companies registered in the British Virgin Islands.

One of these, Bomer Finances Inc, received $8.2m and another, Nassam Overseas Inc, received $3.8m, the judge found.

The beneficial owner of Bomer Finance is Ms Bhutto's husband, Asif Ali Zardari, but in reality she shares the assets with him and has the power of disposition, the judge said.

The beneficial owner of Nassam Overseas is Nasir Hussain, who at the time was Ms Bhutto's brother-in-law, he added.

Evidence of Ms Bhutto's role in Bomer Finance emerged from a visit to London during which she bought a diamond necklace at a Knightsbridge jeweller's.

The 117,000 bill was paid partly in cash and partly with money from Bomer Finance's account.

It was the only withdrawal made from the company's account before its assets were frozen at the request of the Pakistani authorities.

The necklace was later found in a Swiss bank vault, and was also seized.

Under the judge's ruling it must now be handed over to the Pakistani state.

Zardari is currently in jail in Pakistan, where he is serving a seven-year sentence for corruption.

He has also been implicated in 14 other pending criminal cases.

Ms Bhutto lives in exile, mainly in Britain and Dubai.

Jeremy Carver, a lawyer who represented the Pakistani government five years ago in relation to Ms Bhutto, said yesterday that there were "at least half a dozen international cases at various stages in various pipelines, either in Pakistan, Switzerland or the United States".

Ms Bhutto's Rockwood estate at Brooke in Surrey, valued at 3.5m, is currently being sold by the Pakistani government.

She is believed to own four other properties in London.
LoserPAKI

Croydon, UK

#5 Feb 11, 2013
Guess whose going to be killed next? LOL
mICHEAL

Karachi, Pakistan

#6 Feb 12, 2013
‪Nusrat Fateh Ali Khan Akh Nal Akh Pakistani Song‬‏ - YouTube.flv
Khan

Wichita, KS

#7 Feb 12, 2013
mICHEAL wrote:
Diamond necklace exposed Bhutto money-laundering trail
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Brian Whitaker
The Guardian, Friday 8 August 2003 02.36 BST
Details emerged yesterday of how a 117,000 diamond necklace led to the former Pakistani prime minister Benazir Bhutto and her husband being convicted of money laundering by a Swiss court last week.
The pair were given suspended jail sentences of six months each and ordered to repay about 8m to the Pakistani government.
Although Ms Bhutto continues to deny the charges and says she intends to appeal, the Swiss investigating magistrate found that during her second term as prime minister she enriched herself or her husband with kickbacks from a government contract with two Swiss companies.
"There is no doubt that the behaviour of Benazir Bhutto and her husband is criminally reprehensible in Pakistan," the magistrate, Daniel Devaud wrote in his sentencing order after the five-year investigation.
The order, a copy of which has been obtained by the Guardian, says that in 1995 the two companies, SGS and Cotecna, took up a contract for customs inspection of goods being imported into Pakistan.
The judge cited letters showing that 6% of the amount paid by the Pakistani government under the inspection contract would be paid as commission to companies registered in the British Virgin Islands.
One of these, Bomer Finances Inc, received $8.2m and another, Nassam Overseas Inc, received $3.8m, the judge found.
The beneficial owner of Bomer Finance is Ms Bhutto's husband, Asif Ali Zardari, but in reality she shares the assets with him and has the power of disposition, the judge said.
The beneficial owner of Nassam Overseas is Nasir Hussain, who at the time was Ms Bhutto's brother-in-law, he added.
Evidence of Ms Bhutto's role in Bomer Finance emerged from a visit to London during which she bought a diamond necklace at a Knightsbridge jeweller's.
The 117,000 bill was paid partly in cash and partly with money from Bomer Finance's account.
It was the only withdrawal made from the company's account before its assets were frozen at the request of the Pakistani authorities.
The necklace was later found in a Swiss bank vault, and was also seized.
Under the judge's ruling it must now be handed over to the Pakistani state.
Zardari is currently in jail in Pakistan, where he is serving a seven-year sentence for corruption.
He has also been implicated in 14 other pending criminal cases.
Ms Bhutto lives in exile, mainly in Britain and Dubai.
Jeremy Carver, a lawyer who represented the Pakistani government five years ago in relation to Ms Bhutto, said yesterday that there were "at least half a dozen international cases at various stages in various pipelines, either in Pakistan, Switzerland or the United States".
Ms Bhutto's Rockwood estate at Brooke in Surrey, valued at 3.5m, is currently being sold by the Pakistani government.
She is believed to own four other properties in London.
It is very disturbing to read how the corrupt daku Zardari gang has looted the poor treasury of the country. This gang of thugs and looters are also plotting to remain in power so nobody can question the source of their immoral wealth.
There are reports that Zardari today stands as the richest Asian leader. He has properties all over the world and his cabinet has also shamelessly followed his footsteps.
It is very important that the people of Pakistan make sure that he and his gang do not escape Pakistan without being stripped of all the stolen wealth inside and outside of Pakistan.

We should make sure that none of the old and corrupt Politician takes over the power in Pakistan. Any new President should be a sincere and intelligent person, who believes in Allah SWT and follows the teachings of our Beloved Prophet.

“image gallery of moenjodaro”

Since: Jan 06

Location hidden

#8 Apr 28, 2013
Ruling Elite failed
NITiN

Karachi, Pakistan

#9 May 30, 2013
They rejected them all in Election
Gand faad soda

Sugar Land, TX

#10 May 31, 2013
By September..... Pakistan should go back to how it was back in 2005!
mICHEAL

Karachi, Pakistan

#11 Jun 1, 2013
Pakistani people made fair choice VIA Elections
Gand faad soda

Sugar Land, TX

#12 Jun 9, 2013
You're right I'm glad the government didn't let anybody like Zardari come in and ruin everything
Apache

Sugar Land, TX

#13 Jun 10, 2013
Where is Khan these days anybody have news for him?

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