Pakistan’s President Musharraf resigns

Pakistan's President Pervez Musharraf resigns after nine years in office. The BBC is showing a videoclip where he announces his resignation.

The New York Times says: Under pressure over impending impeachment charges, President Musharraf
announced he would resign Monday, ending nearly nine years as the head
of one of the United States’ most important allies in the campaign
against terror.

Speaking on television from his presidential office here at 1 p.m.,
Mr. Musharraf, dressed in a gray suit and tie, said that after
consulting with his aides, “I have decided to resign today.” He said he
was putting national interest above “personal bravado.” “Whether
I win or lose the impeachment, the nation will lose,” he said, adding
that he was not prepared to put the office of the presidency through
the impeachment process.

The Guardian recalls: Musharraf, who seized power in a 1999 coup but has been largely
sidelined since his rivals won parliamentary elections in February, had
for months resisted calls on him to resign.

Here are reports from Indian media: Rediff News, The Times of India and the Indian Express. The Times of India also has highlights from his speech, facts about him, and a chronology of his rule. The Indian Express has an assessment of his rule.