Monday, August 18, 2008

Breaking News: President Pervez Musharraf announces his resignation...


Breaking News: President Pervez Musharraf announces his resignation, while addressing the nation today

Musharraf resigns

President Pervez Musharraf announces his resignation, while addressing the nation today on media.


Facing an imminent impeachment, Pakistan President Pervez Musharraf today announced his resignation maintaining that he wanted to avoid the country being put into instability and confrontation.
"No impeachment or no chargesheet can stand against me.... But I think this is not the time for individual bravado... This is the time for serious thought.

"In the interest of the country, I have decided to resign. The resignation will reach the National Assembly Speaker shortly," the 65-year-old former army chief said in an emotional internationally televised address.

Musharraf's decision brings to an end a bitter confrontation between the presidency and the five-month-old PPP-led coalition government that has been gunning for him since its victory in the February 18 elections.

With his announcement, all speculation about his putting up a fight in Parliament has ended but still it was not clear whether he would be given any immunity while he stays in Pakistan or a safe passage.