Zardari’s assets in Sindh Zardari’s assets in Sindh http://www.thenews.com.pk/top_story_detail....

Saturday, January 23, 2010, Safar 07, 1431 A.H ISSN 1563-9479

Group Chairman: Mir Javed Rahman Founded by: Mir Khalil-ur-Rahman Editor-in-Chief: Mir Shakil-ur-Rahman

HOME | TOP STORIES | WORLD | NATIONAL | BUSINESS | SPORTS | KARACHI | LAHORE | ISLAMABAD | PESHAWAR | EDITORIAL | OPINION | STOCK | INSTEP
TODAY | NEWSPOST

Zardari’s assets in Sindh

WEEKLY SECTIONS

News on Sunday
Saturday, January 23, 2010
You NAB fails to issue freeze order
Health Body & Mind
By Ansar Abbasi
Technobytes
ISLAMABAD: Within 48 hours of issuing its initial order to freeze the Islamabad property of President in line with the
Iqra
Supreme Court judgment on NRO, the NAB got cold feet and withheld a similar freezing order that was to be issued on
Galaxy Friday to chief secretary Sindh regarding Asif Ali Zardari’s assets in Sindh.

Tapestry Sources in NAB said that The News’ Friday story on NAB’s freezing order regarding President Zardari’s 2,460 kanals of
Education-Zine Sangjiani land near Islamabad, led to immense pressure on the bureau from the government, which did not appreciate
the freezing orders in case of the top man’s properties.These sources said that the chairman NAB is still inclined to
Us issue the order to the Sindh government but he could not do it on Friday despite an earlier decision that the letter
would be dispatched to the provincial chief secretary by Friday morning. The NAB, which has its own team of legal
Cyber@print
experts, has been conveyed by the government that the bureau could not proceed in any case against the president,
Investor's J. who enjoys immunity from criminal cases under Article 248 of the Constitution.
Viewers' Forum
Kausar Iqbal Malik, director general operations NAB, when approached by The News, said that he was in Karachi and
Today's Cartoon did not know what had happened to this respect in Islamabad. He explained that he was in the NAB office till lunch
after which he flew to Karachi in connection with his official business. Kausar said no such order was issued till
Style lunchtime. “Why don’t you talk to Ghazni Khan”, was his response when further probed by Usman Manzoor of The
Business & Finance News Investigations Wing.
Review
Instep Ghazni Khan, the spokesman of NAB, told Usman that he was also not aware of this. He said that he could not confirm
whether the letter that was to be dispatched to CS Sindh has been issued or not. He, however, said that the NAB is
MAG Fashion keenly following the law and implementing the decisions of courts without any fear and favour, and will continue doing
Blog so.

FEATURES Within a few days of the December 16 short order of the apex court on NRO, NAB had issued freezing order for the
assets of all other NRO beneficiaries. However, in case of President Asif Ali Zardari, NAB did not move apparently
Opinion Archive
because of his constitutional immunity.
Fashion Archive
But after the announcement of the detailed judgment, which directed NAB and all other concerned authorities to revive
Magazine Archive the pre-NRO position in “all” cases, NAB has also moved in case of President Zardari.
Style Archive
Without taking into account any exception or immunity of any public office holder, the SC in its detailed judgment
ordered for the re-opening of all NRO cases as was the situation on October 4, 2007 besides withdrawing all the
FINANCE benefits accrued by any one through the condemned legislation as if the NRO “never took birth”. It was only to ensure
every benefit by every NRO beneficiary is reversed, the apex court declared the law as void ab initio, which means as
Currency Rates explained in the judgment “null from the beginning”.
KSE Index
Respected lawyer Aitzaz Ahsan told the media on Friday that the detailed judgment did not talk of the freezing of
Bullion Rates assets. However, in its judgment without giving any immunity to anyone including President Zardari, the court asked
for the restoration of pre-NRO position in case of all NRO beneficiaries and said, “the Federal Government, has been
Prize Bonds
empowered to make a request to a Foreign State to do any or all things mentioned therein; to freeze assets by
whatever processes are lawfully available in that State, to the extent to which the assets are believed, on reasonable
grounds, to be situated in that State; and to transfer to Pakistan any such evidence, documents, things, articles, assets
or proceeds, realised from the disposal of such articles or assets. As far as confiscation or realisation of the national
wealth, situated within the country, is concerned, there is no difficulty for NAB to deal with it, in accordance with the
procedure provided under the NAO, 1999. However, for achieving the object to save the assets outside the country,
allegedly belonging to the nation, a mechanism has been provided on the basis of international cooperation.”

Share this story!

Back | Send this story to Friend | Print Version

French judge probes Zardari’s ‘corruption’

PARIS: A French judge probing a Pakistan bomb attack that killed 11 French engineers has
asked Britain and Switzerland to provide whatever information they have on allegations of
embezzlement by Pakistani Presi more

French submarine deal

News Desk
RAWALPINDI: According to the French newspaper ‘Liberation.fr’, President Asif Ali Zardari
allegedly received $4.3 million as kickbacks in 1994 in connection with the sale of three French
submarines to Pakistan more

SC verdict will be implemented, PM tells president

1 of 3 23-Jan-10 9:57
Zardari’s assets in Sindh Zardari’s assets in Sindh http://www.thenews.com.pk/top_story_detail....

By Asim Yasin
ISLAMABAD: The detailed Supreme Court judgment would be implemented, Prime Minister Syed
Yousuf Raza Gilani told President Asif Ali Zardari in a one-on-one meeting here on Friday. Before
meeting with Pr more

Zardari’s case was close to being decided in Geneva

By Umar Cheema
ISLAMABAD: Asif Ali Zardari was close to being convicted by a Swiss Appeals Court in the $60
million money laundering case well before he became the president in 2009, had Malik Qayyum
not illegally, and in vio more

US not seeking control of Pak nukes, bases: Gates

By Muhammad Anis
ISLAMABAD: US Secretary of Defence Robert Gates on Friday said the United States was
seeking no military bases and had no desire to control Pakistan’s nuclear weapons. “Let me say
definitively that the U more

Taliban again spurn Karzai offer to lay down arms

By our correspondent
PESHAWAR: Taliban again spurned Afghan President Hamid Karzai’s offer to lay down weapons and
resume normal life in lieu of money and jobs. “The government would not be able to divide and
weaken the Tali more

Non-implementation of SC decision
By Sohail Khan
ISLAMABAD: The Supreme Court Bar Association (SCBA) has decided to deliberate upon launching
a massive movement against the incumbent PPP government for not implementing the Supreme
Court decisions in letter an more

Rabbani to take up judges’ appointment on Monday

By our correspondent
ISLAMABAD: The multi-party parliamentary committee on constitutional reforms, led by Senator
Raza Rabbani, will take up on Monday vital issues of appointment of superior court judges and
creation of a Federal C more

15 militants killed during Army’s surprise action in NWA

By Mushtaq Yusufzai & Malik Mumtaz
PESHAWAR/MIRAMSHAH: In a surprising move, security forces, who were till now ruling out any
fresh offensive in the violence-stricken North Waziristan, took strong action in the troubled region
on Friday.
more

Zardari’s assets in Sindh

By Ansar Abbasi
ISLAMABAD: Within 48 hours of issuing its initial order to freeze the Islamabad property of
President in line with the Supreme Court judgment on NRO, the NAB got cold feet and withheld a
similar freezing order more

Zardari rejects Ramday’s reappointment

By Rauf Klasra
ISLAMABAD: President Asif Ali Zardari on Friday formally rejected the proposal to appoint Justice
(retd) Khailur Rehman Ramday as an ad hoc judge of the Supreme Court. The president turned
down the reco more

India on alert after hijack warning: officials

NEW DELHI: India has increased airport security and warned its domestic airlines about a possible
hijack attempt after a tip-off from Western intelligence services, officials said on Friday. The alert to
more

Foreign tour not linked to Zardari’s arrival: Shahbaz

By our correspondent
LAHORE: Punjab Chief Minister Shahbaz Sharif has said that his visit to Turkey was scheduled
months ago and it had no link with the visit of President Asif Ali Zardari to Lahore. Shahbaz was
talking to r more

Govt clarifies report on French subs deal

ISLAMABAD: While commenting on a news report telecasted by some news channels, a spokesman
for the government has said the purchase of equipment by the Armed Forces of Pakistan is done
through a proper competit more

‘Top Baboos not attending parliament proceedings’

By our correspondent
ISLAMABAD: The government on Friday made a unique confession that “baboos” sitting on the top
posts were not taking parliament’s proceedings seriously and violating the prime minister’s directive
to show their more

2 of 3 23-Jan-10 9:57
Zardari’s assets in Sindh Zardari’s assets in Sindh http://www.thenews.com.pk/top_story_detail....

London moot to shift burden of Afghan security to Kabul

By Sami Abraham
WASHINGTON: British Foreign Secretary David Miliband told US Senate Foreign Relations Committee
here that he hopes an international conference on Afghanistan, to be hosted by the British
government next week, w more

Nabeel Gabol says his request for more security ignored

By Dilshad Azeem
ISLAMABAD: A sitting minister, Sardar Nabeel Gabol, has been left alone and totally helpless by his
own Pakistan People’s Party (PPP) led federal and Sindh governments despite a serious threat to his
life. “I r more

Action against Mumbai culprits only on solid evidence: Qureshi

ISLAMABAD: Foreign Minister Shah Mehmood Qureshi has said there exists complete harmony
among all the stakeholders in the country with regard to settlement of bilateral disputes between
India and Pakistan but t more

Two law-enforcers arrested for links with militant outfit

By our correspondent
KOHAT: The suspected person held on Thursday at the bus terminal was an official of the Frontier
Constabulary who was allegedly involved in militancy. Security forces arrested a suspected person
and seized a ba more

Rehman Malik may be the first to face the axe

By By Ansar Abbasi
ISLAMABAD: Interior Minister Rehman Malik is faced with an immediate threat of disqualification as
member of the Parliament and the federal cabinet and is also liable to be put behind the bars if the
Supreme Co more

Militant killed, nine apprehended in Fata

PESHAWAR: A militant was killed and five others injured when Frontier Corps troops retaliated to
militants’ firing at a check post, informed FC Media Cell on Friday. During search operation, the
forces appreh more

briefs...
Bomb blast destroys house in Lalamusa By our correspondent LALAMUSA: A house was destroyed
in a bomb blast while the family members remained unhurt at Mian Chohan village on Friday. The
blast occ more

Search

Web www.thenews.com.pk

The News Home | Jang Group Online | Jang Multimedia | Jang Searchable | Ad Tariff / Enquiry | Editor Internet | Webmaster

3 of 3 23-Jan-10 9:57