Pakistan ex-president Zardari faces travel ban over graft

Zardari, co-chairman of the opposition Pakistan People’s Party and who was president from 2008 until 2013, has long been the subject of corruption allegations, and is widely known in Pakistan as “Mr Ten Percent.” (AFP/File)
Updated 28 December 2018
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Pakistan ex-president Zardari faces travel ban over graft

  • Zardari among 172 people accused of graft
  • Investigating team had found him guilty of money laundering

ISLAMABAD: Pakistan announced Thursday it would ban former president Asif Ali Zardari from traveling abroad following allegations of money laundering, as the nation marked 11 years since his wife, prime minister Benazir Bhutto, was assassinated.
Information minister Fawad Chaudhry told reporters in Islamabad that Zardari and his sister Faryal Talpur were among 172 people involved in cases of money laundering and use of fake bank accounts.
“All the 172 names ... will be added to the ECL (Exit Control List),” he said.
Zardari, co-chairman of the opposition Pakistan People’s Party and who was president from 2008 until 2013, has long been the subject of corruption allegations, and is widely known in Pakistan as “Mr Ten Percent.”
The announcement coincided with the 11th death anniversary of his spouse and two-time former prime minister Benazir Bhutto, who was killed in a gun and suicide bomb attack during an election rally in the garrison town of Rawalpindi on December 27, 2007.
Earlier this week Chaudhry said a joint investigation team (JIT) had found evidence of how Zardari allegedly laundered money through fake bank accounts and companies.
“I hope Zardari will now take the JIT seriously,” he said Thursday, adding that his government would not spare anyone involved in plundering national wealth.
Prime Minister Imran Khan, who came to power in July, has vowed to squash rampant corruption and recover billions siphoned from the country as his government scrambles to shore up Pakistan’s deteriorating finances and fast-depleting foreign exchange reserves.
Zardari’s travel ban comes days after former prime minister Nawaz Sharif was sentenced to seven years in prison for corruption on Monday, the latest in a long string of court cases against him.
Pakistan’s Supreme Court disqualified Sharif from politics for life over graft allegations in 2017, ousting him from power. His Pakistan Muslim League-Nawaz was defeated by Khan in the July polls.
A Pakistani court established a commission in September to investigate the scourge of corruption, finding that at least $400 million had passed through “thousands of false accounts,” using the names of impoverished people.
The commission said some 600 companies and individuals “are associated with the scandal.”


US takes back $100 million from Afghan govt over corruption

Updated 24 min 48 sec ago

US takes back $100 million from Afghan govt over corruption

  • Pompeo said the US will still finish the massive project that involves five power substations
  • He blamed the “Afghan government’s inability to transparently manage US Government resources.”

KABUL: US Secretary of State Mike Pompeo says Washington is taking back $100 million intended for an Afghan energy infrastructure project, citing unacceptably high levels of corruption in the Afghan government.
In the harshly worded statement Thursday, Pompeo said the US will still finish the massive project that involves five power substations and a maze of transmission lines in southern Afghanistan. It just won’t be spending the money through Afghan President Ashraf Ghani’s government, blaming the “Afghan government’s inability to transparently manage US Government resources.”
This follows an earlier statement, also from Pompeo, calling for “credible and transparent presidential election” when Afghans go to the polls Sept. 28.
The 2014 presidential election was marred by allegations of massive fraud, as was last year’s parliamentary vote.