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Wednesday, October 1, 2003
Volume:
19
Issue:
10
410
Abstract:
On August 5, 2003, a Pakistani Information Minister announced that a Swiss magistrate, Daniel Devaud, had found exiled Pakistani Prime Minister Benazir Bhutto and her husband guilty of money laundering and ordered them to pay more than $11 million to the state. In July, Ms. Bhutto had also been convicted of accepting bribes while in office. The convictions likely ruin her political ambitions, and reflect the significant influence states with jurisdiction over international financial institutions hold.