AIRLINK 74.00 Decreased By ▼ -0.25 (-0.34%)
BOP 5.14 Increased By ▲ 0.09 (1.78%)
CNERGY 4.55 Increased By ▲ 0.13 (2.94%)
DFML 37.15 Increased By ▲ 1.31 (3.66%)
DGKC 89.90 Increased By ▲ 1.90 (2.16%)
FCCL 22.40 Increased By ▲ 0.20 (0.9%)
FFBL 33.03 Increased By ▲ 0.31 (0.95%)
FFL 9.75 Decreased By ▼ -0.04 (-0.41%)
GGL 10.75 Decreased By ▼ -0.05 (-0.46%)
HBL 115.50 Decreased By ▼ -0.40 (-0.35%)
HUBC 137.10 Increased By ▲ 1.26 (0.93%)
HUMNL 9.95 Increased By ▲ 0.11 (1.12%)
KEL 4.60 Decreased By ▼ -0.01 (-0.22%)
KOSM 4.83 Increased By ▲ 0.17 (3.65%)
MLCF 39.75 Decreased By ▼ -0.13 (-0.33%)
OGDC 138.20 Increased By ▲ 0.30 (0.22%)
PAEL 27.00 Increased By ▲ 0.57 (2.16%)
PIAA 24.24 Decreased By ▼ -2.04 (-7.76%)
PIBTL 6.74 Decreased By ▼ -0.02 (-0.3%)
PPL 123.62 Increased By ▲ 0.72 (0.59%)
PRL 27.40 Increased By ▲ 0.71 (2.66%)
PTC 13.90 Decreased By ▼ -0.10 (-0.71%)
SEARL 61.75 Increased By ▲ 3.05 (5.2%)
SNGP 70.15 Decreased By ▼ -0.25 (-0.36%)
SSGC 10.52 Increased By ▲ 0.16 (1.54%)
TELE 8.57 Increased By ▲ 0.01 (0.12%)
TPLP 11.10 Decreased By ▼ -0.28 (-2.46%)
TRG 64.02 Decreased By ▼ -0.21 (-0.33%)
UNITY 26.76 Increased By ▲ 0.71 (2.73%)
WTL 1.38 No Change ▼ 0.00 (0%)
BR100 7,871 Decreased By -3 (-0.04%)
BR30 25,596 No Change 0 (0%)
KSE100 75,342 No Change 0 (0%)
KSE30 24,214 No Change 0 (0%)

Former French prime minister Edouard Balladur will stand trial over allegations that kickbacks from an arms deal with Pakistan helped fund his failed 1995 presidential bid, France's top prosecutor said Tuesday. The Court of Justice of the Republic, a tribunal dedicated to hearing cases of ministerial misconduct, ordered the 90-year-old to face charges alongside former defence minister Francois Leotard, 77, said attorney general Francois Molin.
Balladur was charged in May 2017 with "complicity in misuse of corporate assets and concealment" over the sale of submarines to Pakistan in 1994 when he was premier and hoping to become president. The claims came to light during an investigation into a 2002 bombing in Karachi, which targeted a bus transporting French engineers. At the time he was charged, Balladur said he would challenge the charges as they failed to take into account that his campaign spending had been vetted by the authorities and that the alleged wrongdoing dated back more than two decades.
The case is one of several high-profile corruption cases ensnaring senior politicians in France, chiefly from the conservative camp. Former president Nicolas Sarkozy, who had served as Balladur's budget minister, is also embroiled in several scandals, including suspected corruption involving a judge.
Sarkozy was due to hear later Tuesday whether he will be charged in a separate campaign financing case.

Copyright Agence France-Presse, 2019

Comments

Comments are closed.