Former French PM Balladur acquitted in Karachi corruption trial

But former defence minister Francois Leotard, 78, was convicted of complicity in the misuse of assets and handed a suspended two-year prison term and a fine of 100,000 euros.

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A French court on Thursday acquitted former prime minister Edouard Balladur on corruption charges after he was accused of using kickbacks from an arms deal but handed a suspended jail term to his former defence minister, reports Yahoo! News.