English | دری

Kabul Bank’s special tribunal urges the government to take the verdict seriously

in Afghan Business

Kabul Bank’s special tribunal urges the government to take the verdict seriously

Kabul-Bank1Kabul Bank’s special tribunal head Shams-ul-Rahman Shams said Monday that the government must heed the verdict of the court on the 22 defendants, which will be handed down tomorrow.

“We demand the executive power to take the court’s decision seriously as we decide the fate of the 22 defendants during tomorrow’s hearing,’ said Mr. Shams.

His comments voice the widespread mistrust of the judicial system in Afghanistan as court decisions are often ignored, especially when they involve high-ranking officials.

Two more hearings will follow after tomorrow’s preliminary hearing, before the final verdict of the Supreme Court.

Kabul Bank was on the verge of collapse in 2010 after a financial scandal that involved embezzlement of about USD 900mn.

Related Articles

Italy grants USD 1.2mn for Afghan Heritage Preservation, Development in Bamiyan

United Nations Educational, Scientific and Cultural Organization (UNESCO) will implement a USD 1.2mn project aimed at the conservation and development

Parliament re-summons 11 ministers to answer questions over 2011 budget

Eleven ministers who failed to spend more than 50% of their development budgets in 2011 are summoned once again by

Afghan-Iran trade value sparks questions about off-the-book trade

Iranian government has asserted that Afghan-Iran trade value stands at USD 4bn per annum, a figure that Afghan officials have

No comments

Write a comment
No Comments Yet! You can be first to comment this post!

Write a Comment

Your e-mail address will not be published.
Required fields are marked*

Time limit is exhausted. Please reload the CAPTCHA.