Munaeem's Blog

Switzerland has released Mr. Zardari’s $60 millions dollars, which were frozen in 1997 at the request of Pakistani government. It is said that the cases have been dropped after Pakistan’s attorney general in June to Swiss authorities that he has closed Mr. Zardari’s cases. However, the comment of Daniel Devaud, the judge in Geneva who originally investigated the charges, gives us different impression. He said closure of cases should not be interpreted as a sign of Mr. Zardari’s innocence.

The question is : How and where did Mr. Zardari earn this huge money?

Did he pay taxes to the relevant authorities in Pakistan?

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Pakistanis are very anxious and disturbed. Political wrangling is having bad affects on stock market and currency. This is made investors nervous. In my opinion, economy is virtually in shambles. The current account deficit has arisen to $1 billion.

Investors and people are praying that their leaders should stop fighting and pay attention to economy. It looks that political fighting will continue for some time.

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Musharraf’s removal had given a golden opportunity to civilians leader to bring democratic and economic reforms in the country. However, our corrupt and inefficient leaders destroyed that opportunity for their interests.

If you political wrangling continues, Pakistani will incur a huge foreign debt. I urge the PPP leaders to tackle the present crisis and do something to steering the country out of present crisis.

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Pakistan’s fragile coalition has split. Pakistan Muslim League-N chief said he decided to pull out of the coalition because PPP co-chairman did not fulfill the promised made to them. He said that Mr. Zardari was interested in resolving the matter of the restoration of judges sacked by ex- president Pervez Musharraf .

Every Pakistan knows that Mr. Zardari will never restore the judges because he fears they will overturn the amnesty given to Mr. Zardari.

This development will plunge Pakistani into deeper crisis because it will start a new wave of political wrangling.

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People claim that they ousted President Musharaf from power because he was a military dictator. Now I read in the newspapers that they are going to install their co-chairman at the presidency. In my opinion, Zardari is also a perfect dictator. Everyone knows how he running his party. He makes promises to break it. We all know how he selected Mr. Gilani for the post of prime minister. If he becomes president, he will rule just life Musharraf.

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It looks that Pakistan’s fragile coalition is on the verge of collapse. Asif Ali Zardari’s comments regarding the reinstatement of sacked judges indicate he is not in mood to restore the judges. He says that the political situation emerged after his understanding with Nawaz on judges’ issue has forced him to modify his plan. Nawaz reacted on his comment saying that Zardari betrayed him.

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Zaheed Hussain and Peter Wonncott write in the Wall Street Journal that Pakistan army will intervene again if civilian government failed to control militancy and economic crisis facing Pakistan. The writers say that so far General Kiani has kept the army out of the politics. However, they think deteriorating law and order situation and continued economic crises will force him to kick the squabbling politicians out of the scene and take charge.

I agree with them. Fortune has placed Pakistan in the hands of two corrupt and inefficient politicians, and they will do nothing to improve the lives of ordinary Pakistanis. Their wrangling will give the army pretext to intervene again.

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News reports indicate that relationship between the Pakistan’s coalition have restrained. The cause of this strained relation is Mr. Nawaz’s refusal to help pass a constitutional amendment.

Mr. Zardari wants to abolish Article 58-2(b) of the constitution, which gives president the dissolve assembly. It is said that Mr. Nawaz’s attitude forced him to bid for presidency because he does not want a non-PPP person sitting in the presidency armed with 58-2(b).

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News reports indicate that Asif Ali Zardari wants to become the president of Pakistan. There is no doubt he has emerged as the power political figure in Pakistan. It is said that political like MQM thinks he is the best candidate for presidency.

I am shocked. How can they support a man who is still under criminal investigation in Switzerland over allegations that received kickbacks on state contracts. Newsweek report ‘Zardari on the Hot Seat’ tells us that he is still under investigation and his using his using his growing political clout to close the case.

The big question is: Will Americans approve his presidency?