Tag "Mahmood Karzai"

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DABS to address Kandahar’s electricity problems

Da Afghanistan Breshna Sherkat (DABS) has sent a delegation to southern Kandahar province to discuss power problems in the province. The province currently has 20 MW of electricity and is need of 20 more MW to meet the needs of

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DABS to address Kandahar's electricity problems

Da Afghanistan Breshna Sherkat (DABS) has sent a delegation to southern Kandahar province to discuss power problems in the province. The province currently has 20 MW of electricity and is need of 20 more MW to meet the needs of

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“Individuals behind Kabul Bank’s collapse must be investigated”

The Independent Joint Anti-Corruption Monitoring and Evaluation Committee criticized the special tribunal’s verdict handed down to the defendants of the Kabul Bank crisis. The special tribunal sentenced the two former executives of Kabul Bank to five years in prison and

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“Individuals behind Kabul Bank's collapse must be investigated”

The Independent Joint Anti-Corruption Monitoring and Evaluation Committee criticized the special tribunal’s verdict handed down to the defendants of the Kabul Bank crisis. The special tribunal sentenced the two former executives of Kabul Bank to five years in prison and

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How fair was Kabul Bank scandal verdict?

By Qiam Noori-Three years ago, when nearly USD 900 million was embezzled through forged documents and fraudulent loans, Kabul Bank faced a financial crisis that brought the bank on the verge of a collapse. A special tribunal sentenced the defendants,

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Kabul Bank new CEO not cooperating with investigation

The CEO of the new Kabul Bank, Masoud Khan Mosa Ghazi, is alleged by Kabul Bank’s Special Tribunal’s Director for not cooperating with the investigation of Kabul Bank’s scandal. Director Shamur Rahman Shams said he had sent a delegation to

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Mahmood Karzai blames banking crisis on govt inefficiency

Eminent trader and President Hamid Karzai’s brother, Mahmood Karzai, on Thursday said he had long returned his loan to Kabul Bank, blaming the lingering loan crisis on poor management and inefficiency of the government. Kabul Bank, once the country’s largest

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