The Karachi Affair

[Ed Jewett]

"The Karachi Affair"

2509

2011

"The Karachi Affair"

idiotsinpower


THE French President is fighting to prevent a scandal involving allegations of high-level corruption and even murder defining his bid for re-election.
Nicolas Sarkozy is suspected by investigators of involvement in alleged kickbacks to help finance Edouard Balladur's 1995 presidential campaign from illicit commissions said to have been paid on the sale of three submarines to Pakistan.
At the time, Mr Sarkozy was a junior minister backing Mr Balladur, the prime minister, against Jacques Chirac, their party leader.
The so-called "Karachi affair" began in 1994 when France sold three submarines to Pakistan. It is alleged Pakistani and French officials took a cut from the contract and that some of that money found its way, a year later, into Mr Balladur's election war chest.....

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