The US Congress approved the transfer of FFG-8, and President Bush signed the bill into law on Friday October 17, 2008.
It remains to see if President Obama takes action to block the transfer, but if he takes no action the transfer will take place.
The information can be found here*:
informationdissemination.blogspot.com/2008/10/ffg-8-mcinerney-to-pakistani-navy
The full authorization can be found here*:
congress.gov/cgi-bin/cpquery/R?cp110:FLD010
1(sr451
Note that the Chairman, Committee on Foreign Relations,
U.S. Senate, Washington, DC. at the time the authorization was passed by Congress is now the Vice-President of the USA.
*As this is my first post, the board won't let me post URLs, so you need to search Google or another search engine with the above information.