AIRLINK 74.33 Increased By ▲ 0.08 (0.11%)
BOP 5.01 Decreased By ▼ -0.04 (-0.79%)
CNERGY 4.46 Increased By ▲ 0.04 (0.9%)
DFML 37.50 Increased By ▲ 1.66 (4.63%)
DGKC 90.90 Increased By ▲ 2.90 (3.3%)
FCCL 22.62 Increased By ▲ 0.42 (1.89%)
FFBL 32.75 Increased By ▲ 0.03 (0.09%)
FFL 9.71 Decreased By ▼ -0.08 (-0.82%)
GGL 10.86 Increased By ▲ 0.06 (0.56%)
HBL 115.81 Decreased By ▼ -0.09 (-0.08%)
HUBC 136.30 Increased By ▲ 0.46 (0.34%)
HUMNL 10.10 Increased By ▲ 0.26 (2.64%)
KEL 4.62 Increased By ▲ 0.01 (0.22%)
KOSM 4.99 Increased By ▲ 0.33 (7.08%)
MLCF 40.35 Increased By ▲ 0.47 (1.18%)
OGDC 137.87 Decreased By ▼ -0.03 (-0.02%)
PAEL 26.95 Increased By ▲ 0.52 (1.97%)
PIAA 24.95 Decreased By ▼ -1.33 (-5.06%)
PIBTL 6.72 Decreased By ▼ -0.04 (-0.59%)
PPL 123.00 Increased By ▲ 0.10 (0.08%)
PRL 26.76 Increased By ▲ 0.07 (0.26%)
PTC 13.99 Decreased By ▼ -0.01 (-0.07%)
SEARL 58.85 Increased By ▲ 0.15 (0.26%)
SNGP 70.01 Decreased By ▼ -0.39 (-0.55%)
SSGC 10.37 Increased By ▲ 0.01 (0.1%)
TELE 8.56 No Change ▼ 0.00 (0%)
TPLP 11.20 Decreased By ▼ -0.18 (-1.58%)
TRG 64.56 Increased By ▲ 0.33 (0.51%)
UNITY 26.52 Increased By ▲ 0.47 (1.8%)
WTL 1.40 Increased By ▲ 0.02 (1.45%)
BR100 7,848 Increased By 9.5 (0.12%)
BR30 25,533 Increased By 73.7 (0.29%)
KSE100 75,125 Increased By 193.8 (0.26%)
KSE30 24,151 Increased By 5.1 (0.02%)

Israel's Ehud Olmert was acquitted of major corruption charges on Tuesday but convicted of breach of trust, a lesser offence, in what was widely seen as a stunning victory for the former prime minister.
Olmert resigned as the country's leader in 2008 after the allegations surfaced, cutting short his pursuit of a peace deal with the Palestinians.
The three-judge court's rejection of key accusations that drove the veteran politician from office raised questions in Israel about whether prosecutors had been overzealous in effectively bringing down a sitting prime minister.
"There is justice in Jerusalem," a gaunt-looking Olmert, 66, said after the ruling. Smiling broadly, he left the courthouse to a smattering of applause, hugging and kissing well-wishers.
The court found Olmert not guilty of charges that he received, as a cabinet minister and Jerusalem's mayor before becoming prime minister, $150,000 in bribes from a US businessman and defrauded Israeli charities by double-billing them for overseas fundraising trips.
But it said he was in breach of trust when, as trade and industry minister, he green-lighted projects that involved one of his long-time friends.

Copyright Reuters, 2012

Comments

Comments are closed.