A judge in France investigating a 2002 bombing in Karachi that killed 11 DCN employees has confirmed the existence of “illegal rétrocommissions” linked to the sale of submarines to Pakistan.
This was revealed by a lawyer for the victims’ families, according to a French general information magazine.
‘Retrocommissions’ are funds skimmed off ‘commissions’/kickbacks paid which are then illegally remitted to French officials i.e. individuals or entities in both countries get a share of the ‘commissions’.
The Paris-based Le Nouvel Observateur (or Le Nouvel Obs), a prominent weekly in terms of audience and circulation, along with AFP reporting, observed on 19 June:
Judge Marc Trévidic in charge of the investigation into the bombing of Karachi in 2002, confirmed the existence of “illegal rétrocommissions” outside the contract of sale of submarines to Pakistan, said Friday, June 18 counsel families of victims, Mr. Olivier Morice.