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Sunday, January 16, 2011

Zardari took huge bribe for French submarine deal

Agosta-90BOfficial Pakistani documents, detailing how President Asif Ali Zardari benefited from massive, secret payments connected to the sale of French submarines to Pakistan, have been seized as evidence by a Paris magistrate investigating a suspected widespread scam surrounding the deal.

The documents, published by Mediapart, show that the payments to Zardari and others took place on the fringes of the sale of three Agosta-class submarines by the French defence contractor, the DCN, to Pakistan in the 1990s.

The French sale, which succeeded against rival offers by Swedish and German contractors, and the payment of bribes associated with it are at the core of what has become known as the 'Karachi affair' currently the subject of two French judicial investigations' The Nation reports.

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