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Monday, November 24, 2014

The Jewellery Case Has Put PM In Awkward Position While PTI In Good Position








While Imran khan has already announced to reveal the proofs of pool rigging on Nov 30, the Swiss court decision about the ownership of valuable jewellery in favour og Pakistan government has put Nawaz Sharif in very awkward position. If he pursues the case, he would be losing favour of Zardari, if he does not then Imran Khan has cards in his favour and he has a very good cgance to exploit the issue. As he has been saying in his every address that incumbent government is not going to recover corruption money from Zardari family. Although the ability to recover national assets stashed away in foreign banks should come as a good news for the people of Pakistan and the chairman PTI, the timing of the recent judgement in favour of government of Pakistan may not be a good news for Muslim League (N). A Swiss federal tribunal has ruled that a valuable jewellery set that was seized by authorities in connection with investigation into allegations of graft belonged to former president Zardari or the legal heirs of late BeNazir Bhutto. The set which includes a necklace, a bracelet, a pair of earrings and a ring, is said to be valued at more than $180,000. In the judgement issued on Oct 29, the tribunal rejected the ownership claims filed by Comer Finance for the jewellery. The company was allegedly formed by Mr Jens Schlegelmilch and linked to Mr Zardari and was at the center of SGS-Cotechna investigation. The judgement handed down states that Mr Schelegelmilch "appeared to have acted as attorney to BB-AAZ (Asif Ali Zardari and Benazir Bhutto) couple. If government again refuses to repatriate the assets, as was done in 2008 by the promulgation of National Reconciliation Ordinance (NR, then PTI and PAT will leave no stone unturned to exploit the issue. They will be right to do so. Government musy think in favour of national interests not for remaining in power with the committed favour of PPP. THIS IS A TEST CASE FOR NAWAZ SHARIF.

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