Asif Ali Zardari served as the president of Pakistan from 2008 to 2013.Islamabad:Pakistan announced Thursday it would ban former president Asif Ali Zardari from travelling abroad following allegations of money laundering, as the nation marked 11 years since his wife, prime minister Benazir Bhutto, was assassinated.Information minister Fawad Chaudhry told reporters in Islamabad that Zardari and his sister Faryal Talpur were among 172 people involved in cases of money laundering and use of fake bank accounts."All the 172 names will be added to the ECL (Exit Control List)," he said.Zardari, co-chairman of the opposition Pakistan People's Party and who was president from 2008 until 2013, has long been the subject of corruption allegations, and is widely known in Pakistan as "Mr Ten Percent".The announcement coincided with the 11th death anniversary of his spouse and two-time former prime minister Benazir Bhutto, who was killed in a gun and suicide bomb attack during an election rally in the garrison town of Rawalpindi on December 27, 2007.Earlier this week Chaudhry said a joint investigation team (JIT) had found evidence of how Zardari allegedly laundered money through fake bank accounts and companies."I hope Zardari will now take the JIT seriously," he said Thursday, adding that his government would not spare anyone involved in plundering national wealth.Prime Minister Imran Khan, who came to power in July, has vowed to squash rampant corruption and recover billions siphoned from the country as his government scrambles to shore up Pakistan's deteriorating finances and fast-depleting foreign exchange reserves.Zardari's travel ban comes days after former prime minister Nawaz Sharif was sentenced to seven years in prison for corruption on Monday, the latest in a long string of court cases against him.Pakistan's Supreme Court disqualified Sharif from politics for life over graft allegations in 2017, ousting him from power.
His Pakistan Muslim League-Nawaz was defeated by Khan in the July polls.A Pakistani court established a commission in September to investigate the scourge of corruption, finding that at least $400 million had passed through "thousands of false accounts", using the names of impoverished people.The commission said some 600 companies and individuals "are associated with the scandal".(Except for the headline, this story has not been edited by TheIndianSubcontinent staff and is published from a syndicated feed.)