Word: zardari
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
They didn't happen fast enough to prevent Ali Asif Zardari from dumping millions of dollars into Citi accounts. The husband of Benazir Bhutto, a former Prime Minister of Pakistan, Zardari faced corruption allegations. In fact, the report says, Reed was advised by bank staff to "stay away from him." But a year later, Citi opened three accounts for him. According to the report, when Reed finally learned of the Zardari accounts, Reed "thought the account officer must have been 'an idiot...
...rejected an appeal by former Prime Minister Benazir Bhutto to restore her to power without an election. The decision closes a two-month struggle that erupted after President Farooq Leghari dismissed Bhutto amid allegations of corruption and economic mismanagement and then jailed her husband, former Investment Minister Asif Ali Zardari, for accepting massive kickbacks and abusing his position in government. Zardari had earned the nickname "Mr. 40 Percent," the sum he reportedly demanded of potential business contacts, after being acquitted of the same charge several times in the past. Bhutto had been battling desperately to retain her office by threatening...
...other danger signals to consider. In the past few weeks, protests by the country's main Islamic party had torn into major cities, including Islamabad, Lahore and Karachi. The cry in the streets was corruption. And in Pakistan the figure most often paired with that word is Asif Ali Zardari, Bhutto's husband and the Minister of Investment. On Tuesday, Zardari had been detained, and at one point Bhutto was reportedly under military surveillance...
Bhutto and Zardari were charged with corruption after she was dismissed in 1990. But there was never any conclusive evidence, and Zardari was released on bail after more than a year in prison. So while Leghari mentioned corruption in his letter, he had another more troubling reason for his action. Pakistan is chafing under austerities imposed by the International Monetary Fund, which has refused to release a $600 million standby loan if Islamabad cannot remedy its budget deficit in order to service its $28.6 billion in foreign debt. To that end Bhutto had raised taxes--but her government...
...will demand a more mature performance from Bhutto, 40, who alienated the military as well as the business establishment during her first term. Almost the only legislation passed duirng that time was the annual budget, while many of Bhutto's minsters and close advisers -- including her husband Asif Ali Zardari -- were accused of patronage and receiving kickbacks on government contracts handed out to business associates. Whether Bhutto stays in power will largely depend on how she handles her relations with the military. One develoment in her favor: the top army command shifted last January, with the sudden death of General...