My friend! PMLN supporter who is still standing with the corrupt leadership after the eye opening events of last 2 years is not going to deter anymore. This is a stubborn, egoistic lot that does not want to accept that they have been fooled by Nawaz. They are so egoistic that they will go to any length and find any excuse, however illogical to continue to support Nawaz and Maryam no matter what...Even if they completely loot Pakistan down to zero...I have first hand experience with my educated in-laws...listen to the pmln supporters in the video below,
@PakSword I found
@Tameem in this vid saying that
Hum Nawaz Sharif Ko Hi Vote Dein Ge, Chahe Wo Pura Mulk Loot Ker Kha Jaye at 01:25 :
They are both corrupt to the core and even though Nawaz Sharif has managed to out gun Zardari in corruption during the last 5 year rule in the Center on top of the 10 in Punjab, Zardari too has had his fun in Sind all along during the same period.
A book by Raymond Baker has highlight both Nawaz and Zardari among the most corrupt politicians of the world. Although the corruption of Nawaz is still fresh in our recent memory, lets take a look back through an excerpt from the same book to refresh the shenanigans of Zardari's loot and plunder that matches that of Nawaz Sharif:
Zardari’s & Nawaz Sharif's Corruption highlighted in Raymond Baker’s book on Dirty Money - BY : Dr Awab Alvi
Benazir Bhutto on pages 77-82:
Born in Karachi in 1953 and educated in private schools, Benazir Bhutto graduated from Radcliffe College at Harvard University in 1973. Going on to Oxford for a master’s degree, she displayed her budding political skills and was elected president of the Student Union in 1977. Meanwhile, her father had become prime minister of Pakistan in 1971, was ousted in a military coup in 1977, and was executed in 1979 on charges of conspiracy to commit murder. In and out of prison and house arrest, Benazir was not allowed to leave the country until 1984 but then returned to lead the democracy movement two years later. Her father’s usurper, General Muhammad Zia ul-Haq, was killed in a mysterious plane crash in 1988, which also took the life of the U.S. ambassador Arnold Raphel, and the head of the U.S. military aid mission to Pakistan, General H.M. Wasson. Benazir was elected prime minister that year, served until her ouster in 1990 on charges of corruption and nepotism, was reelected in 1993, and ousted again in 1996, amidst more charges of corruption.
During her two terms in office and since, what has come out portrays Bhutto and her husband Asif Ali Zardari as world-class thieves.
Upon taking office in 1988, Bhutto reportedly appointed 26,000 party hacks to state jobs, including positions in state-owned banks. An orgy of lending without proper collateral followed. Allegedly, Bhutto and Zardari “gave instructions for billions of rupees of unsecured government loans to be given to 50 large projects. The loans were sanctioned in the names of ‘front men’ but went to the ‘Bhutto-Zardari combine.’ ” Zardari suggested that such loans are “normal in the Third World to encourage industrialisation.” He used 421 million rupees (about £10 million) to acquire a major interest in three new sugar mills, all done through nominees acting on his behalf. In another deal he allegedly received a 40 million rupee kickback on a contract involving the Pakistan Steel Mill, handled by two of his cronies.
Along the way Zardari acquired a succession of nicknames: Mr. 5 Percent, Mr. 10 Percent, Mr. 20 Percent, Mr. 30 Percent, and finally, in Bhutto’s second term when he was appointed “minister of investments,” Mr. 100 Percent.
The Pakistan government’s largest source of revenues is customs duties, and therefore evasion of duties is a national pastime. Isn’t there some way to tap into this major income stream, pretending to fight customs corruption and getting rich at the same time? Of course; we can hire a reputable (or disreputable, as the case may be) inspection company, have the government pay the company about a one percent fee to do price checking on imports, and get multimillion-dollar bribes paid to us upon award of the contracts. Société Générale de Surveillance (SGS), headquartered in Switzerland, and its then subsidiary Cotecna, the biggest group in the inspection business, readily agreed to this subterfuge.
Letters in 1994 promised “consultancy fees,” meaning kickbacks, of 6 percent and 3 percent to two British Virgin Island (BVI) companies, Bomer Finances Inc. and Nassam Overseas Inc., controlled by Bhutto and Zardari. Payments of $12 million were made to Swiss bank accounts of the BVI companies. SGS allegedly has paid kickbacks on other inspection contracts around the world. Upon being accused in the inspection kickback scheme, Bhutto sniffed, “I ran the government to the best of my honest ability. And I did it for nothing but acknowledgment and love.”
Then there was the 1994 deal to import $83 million worth of tractors from Poland.
Ursus Tractors allegedly paid a 7 percent commission to another of Zardari’s Caribbean companies, Dargal Associated. Bhutto waived import duties on the tractors, costing the Pakistani government some 1.7 billion rupees in lost revenues. Upon discovery of this scheme the
Poles hastened to turn over 500 pages of documentation confirming the kickback.
The Polish tractor deal was just a warm-up for the French fighter jet deal. After the U.S. government cancelled a sale of two squadrons of F-16s, Bhutto dangled a $4 billion contract for Mirages in front of the French—Dassault Aviation; Snecma, the engine manufacturer; and Thomson-CSF, producer of aviation electronics. Without missing a beat they allegedly agreed to pay a “remuneration” of 5 percent to Marleton Business S.A., yet another of Zardari’s British Virgin Island companies. This would have generated a tidy $200 million for the Bhutto-Zardari couple, but unfortunately for them she was driven from office before they could collect.
Ah, but the gold deal gave some comfort to these aspiring kleptocrats. Gold is culturally important in the Asian subcontinent, in particular as a way for women to accumulate wealth. Upwards of $100 billion is invested in this unproductive asset in Pakistan, India, and surrounding countries. Smuggling is big business.
Ostensibly to regulate the trade, a Pakistani bullion dealer in Dubai,
Abdul Razzak Yaqub, asked Bhutto for an exclusive import license. In 1994, yet another Zardari offshore company, M.S. Capricorn Trading, was created in the British Virgin Islands. Later in the year, Jens Schlegelmilch, “a Swiss lawyer who was the Bhutto family’s attorney in Europe and close personal friend for more than 20 years,” opened an account for Capricorn Trading at the Dubai branch of Citibank.
According to a 1999 U.S. Senate report: “Mr. Schlegelmilch did not reveal to the Dubai banker that Mr. Zardari was the beneficial owner of the PIC [private investment company], and the account manager never asked him the identity of the beneficial owner of the account. . . . Shortly after opening the account in Dubai, Mr. Schlegelmilch signed a standard referral agreement with Citibank Switzerland private bank guaranteeing him 20 percent of the first three years of client net revenues earned by the bank from each client he referred to the private bank.” In other words, Citibank was contracting to pay a finder’s fee for millions brought in from dubious sources. Citibank went on to open three accounts in Switzerland for Zardari, with Schlegelmilch as the signatory.
In October 1994, Citibank records show that $10 million was deposited into Capricorn’s Dubai account by Razzak Yaqub’s company, A.R.Y. International Exchange. In December, Razzak Yaqub received an exclusive import license and proceeded over the next three years to ship more than $500 million in gold to Pakistan. Additional deposits flowed into the Dubai and Swiss Citibank accounts, and funds also were shifted to Citibank Channel Island subsidiaries. The original ceiling on the accounts of $40 million was reached quickly
Toward the end of her second term, the Bhutto case took a bizarre turn. Representatives of the Pakistan Muslim League, an opposition party, met in 1995 with private investigators in London who offered documentary proof from an unnamed source of Bhutto’s corruption, in return for a modest fee of $10 million. That deal was not consummated, but two years later, with Bhutto out of office and under investigation, the offer was reportedly concluded for $1 million. The documents “appeared to have been taken from the Geneva office of Jens Schlegelmilch.”
In 2000 Pakistan’s National Accountability Bureau, with the thankless task of investigating corruption, drew upon these documents and other sources and released details of assets and accounts belonging to Bhutto and Zardari. Even to jaded observers, the scale of their holdings was stunning: hundreds of properties, dozens ofcompanies, and dozens of bank accounts. A partial listing of only foreign holdings reported by the National Accountability Bureau is provided in Table 3.4.
Even the Swiss finally had had enough. Seventeen bank accounts linked to Bhutto and Zardari were frozen. The two were charged with money laundering in connection with bribes received from the inspection company SGS and were convicted by a Swiss court in 2003, with fines and suspended prison sentences. This was short-lived; the decision was overturned and referred back to cantonal prosecutors upon appeal. Meanwhile, Zardari was in prison in Pakistan from 1996 to 2004 on assorted charges.
Posted on Oct 07, 15 | 7:45 am
Remember that NAB estimated in 2001-2 that
Just the property of Zardari in Normandy, France alone is worth 724 Million Dollars. So both the Sharifs and Zardaris have amassed their ill gotten wealth abroad that amounts to billions of Dollars and unless an all out effort is made to track down and prosecute the same, we may never know what their Children stand to inherit that actually belongs to the people of Pakistan.
