Friday, October 15, 2021
HomeNewsFormer Pakistani President Asif Ali Zardari Arrested for Money Laundering

Former Pakistani President Asif Ali Zardari Arrested for Money Laundering

The National Accountability  Bureau of Pakistan proceeded to arrest former Pakistani President Asif ail Zardari for laundering money through fake accounts and company allegedly.

The Arrest of Former Pakistani President

According to media reports the former president of Pakistan and his sister allegedly laundered billions of rupees out of the country through the fake bank accounts. He is accused of generating such accounts with the help of his strategically placed pawns in financial institutions who did this bidding for him. The national accountability bureau earlier today arrived at Zardari house situated in Islamabad. Before this, Zardari kept on applying for bail which the court kept on approving but this time refused.

He’s Done Jail Time 

Before becoming the president of Pakistan Asif Ail Zardari did, face jail time for corruption charges. Shortly after his release he became the president of Pakistan in 2008 and remained in power till 2013. He was elected president after his wife Benazir Bhutto the daughter of Zulfikar Ali Bhutto who too was a former Pakistani president got assassinated during an election campaign.

At the time of his arrest, he was escorted by his son and current head of Pakistan people’s party Bilawal Bhutto Zardari. Supporters present on the spot started chanting old party slogans long live Bhutto. All the political leader present at the time were asked to remain calm and not cause any hindrance in the process.

Allegations of Forming the Most Corrupt Government

Despite going to jail and against the repeated advice of his adviser Zardari went on to form one of the most corrupt governments of Pakistan and according to international governmental monitoring agencies the most corrupt government in the world.

To members of the business community, he is also known MR 10 % a name that stuck to him after he started demanding 10 % of all government contract awarded.

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