. Military Space News .
THE STANS
French trial opens for ex-PM Balladur over 'Karachi' kickbacks
By Marie DHUMIERES, Anne-Sophie LASSERRE
Paris (AFP) Jan 19, 2021

Former French prime minister Edouard Balladur appeared in court Tuesday on charges he used kickbacks from 1990s arms deals to help finance a presidential bid, in a case that has already seen six people sentenced to prison terms.

Balladur, 91, made no statement to a throng of journalists at the Court of Justice of the Republic, which hears cases involving ministerial misconduct.

The conservative ex-premier joins a long list of senior French politicians pursued for alleged financial wrongdoing, including former president Nicolas Sarkozy and his predecessor, Jacques Chirac.

Also on trial is Balladur's former defence minister Francois Leotard, 78.

The two men were charged in 2017 with "complicity in the misuse of corporate assets" over the sale of submarines to Pakistan and frigates to Saudi Arabia between 1993 and 1995.

Investigators discovered an estimated 13 million francs in kickbacks from the deals, now worth some 2.8 million euros ($3.3 million), after accounting for inflation.

A large chunk of the money is suspected to have been funnelled to Balladur's 1995 presidential bid, while he was serving as prime minister in the final years of Francois Mitterrand's presidency, in a case known as the "Karachi affair".

In particular, the inquiry found a cash injection of 10.25 million francs -- mostly in 500-franc bills -- just as Balladur's team was scrambling after his defeat in the first round of voting.

- Questionable cash -

Balladur, who also has to answer to a charge that he concealed the crimes, has denied any wrongdoing, saying the 10 million francs came from the sale of T-shirts and other items at campaign rallies.

The claims came to light during an investigation into a 2002 bombing in Karachi, Pakistan, which targeted a bus transporting French engineers.

Fifteen people were killed, including 11 engineers working on the submarine contract, and the Al-Qaeda terror network was initially suspected of the attack.

But the focus later shifted to the submarines deal as investigators considered whether the bombing may have been revenge for Chirac's decision to halt commission payments for the arms deals shortly after he beat Balladur in the presidential vote.

Leotard is accused of having created an "opaque network" of intermediaries for the contracts signed with Pakistan and Saudi Arabia.

The ex-premier also stands charged with instructing the budget ministry -- led at the time by Sarkozy -- to approve state guarantees for "deficient or underfunded" contracts, because of the alleged kickbacks.

Investigators say that cash deposits in Balladur's campaign fund coincided with trips to Switzerland by Ziad Takieddine, a Lebanese-French intermediary who has long been active in French right-wing circles.

- Six already sentenced -

Takieddine fled to Lebanon last June after a Paris court sentenced him and another middleman, Abdul Rahman El-Assir, to five years in prison over their role in the Karachi kickbacks.

Balladur's former campaign manager Nicolas Bazire was given a three-year sentence by the same court, as was Leotard's adviser Renaud Donnedieu de Vabres.

Thierry Gaubert, an adviser to Sarkozy at the finance ministry, and a former executive at state-owned naval contractor DCN (since renamed Naval Group) received two-year sentences. All have appealed the rulings.

Takieddine told judges in 2013 that he participated in the secret financing of Balladur's campaign after being asked by Bazire and Gaubert, though he retracted the claim six years later.

asl-mdh/jh-js/cb/bp

NAVAL GROUP


Related Links
News From Across The Stans


Thanks for being here;
We need your help. The Space Media Network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceMediaNetwork Contributor
$5 Billed Once


credit card or paypal
SpaceMediaNetwork Monthly Supporter
$5 Billed Monthly


paypal only


THE STANS
Gunmen assassinate two Afghan women judges in Kabul ambush
Kabul (AFP) Jan 17, 2021
Gunmen shot dead two Afghan women judges working for the Supreme Court in an ambush in the country's capital Sunday, officials said, an attack the top US envoy in Kabul blamed on the Taliban. Violence has surged across Afghanistan in recent months despite ongoing peace talks between the Taliban and government - especially in Kabul, where a new trend of targeted killings aimed at high-profile figures has sown fear in the restive city. The latest attack, which US Charge D'Affaires Ross Wilson bla ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

THE STANS
Northrop builds command centers for Poland's air, missile defense system

Israel delivers second Iron Dome Defense System battery to U.S.

Congress adds $1.3B to Missile Defense Agency's budget in spending bill

IMDO and MDA complete intercept test of the David's Sling Weapon System

THE STANS
U.S. Navy to arm amphibious vessels with long-range missiles

Britain buys SPEAR3 missiles for F-35B fighter planes in $748.3M deal

AFRL demonstrates critical new warhead technologies for high speed weapons

Projectile concept shows potential to extend munition range to more than 100km

THE STANS
Sagetech Avionics receives AFWERX contract from US Air Force

First-ever remote drone delivery completed in Latvia

French army to purchase 300 mini-drones

US Air Force Funds Adaptation of Automotive Radar for Autonomous "Flying Cars"

THE STANS
Skynet 6A passes Preliminary Design Review

Northrop Grumman lands $325M deal for Air Force JSTARS sustainment

ThinKom completes Over-the-Air tests with K/Q-Band antenna on protected comms satellite

Defense, Commerce departments join to find 5G solutions

THE STANS
Teams selected to produce critical, on-demand stocks from military waste

AFRL demonstrates first collaborative weapon technologies

Ghost town provides high-tech testing for AFRL and others

Military technology experiments featured at Navy's Trident Warrior 20

THE STANS
Trump had no influence on major DoD contracts, outgoing official says

Turkey urges dialogue with US after missile sanctions

Spain seeks post-Brexit defence agreement with UK

The Bavarian town where US troops are life and soul

THE STANS
US intelligence pick warns on China, pledges to stay apolitical

Biden nominee Blinken vows firmness on China, Iran

NATO chief says looking forward to working with Biden

Iran deal architect among veterans named for Biden State Department

THE STANS
Scientists see competition of magnetic orders from 2D sheets of atoms

Atomic-scale nanowires can now be produced at scale

Weak force has strong impact on nanosheets

Making 3D nanosuperconductors with DNA









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.