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Government’s action just a slogan against Kabul Bank scandal
Integrity Watch Afghanistan (IWA) said that the government’s action was just a slogan against the Kabul Bank scandal.
According to the IWA findings, the New Kabul Bank losses $ 7 million annually that after the bust of former Kabul Bank, the Bank have lost $ 50 million so far.
IWA criticized the Afghanistan government and emphasized that Kabul Bank’s debtors have the support of National Unity Government leaders.
The institution stressed that Afghan government failed to reclaim the stolen money of Kabul Bank and punish the perpetrators.
IWA also warned that if a supervisory capacity not created in the Central Bank, other Private Banks will also face the fate of Kabul Bank.
In the meantime, Afghanistan interior ministry accepts that none of the Kabul Bank’s escapees arrested but rejected IWA’s statements.
President Ashraf Ghani announced on Oct. 1 that he would re-open the inquiry into the theft of almost $1 billion from the bank, fulfilling a campaign promise to make fighting corruption a priority.
The Afghan government was forced to bail out the country’s then biggest bank after a run on deposits in 2010. It was later re-launched as the state-run New Kabul Bank, but confidence in the banking sector has yet to fully recover.
Afghanistan relies on aid for most of its income and, despite receiving billions of dollars in aid each year, was forced to delay payments to civil servants a few months ago because it had run out of cash.
Reported by Ahmad Farshad Saleh
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IEA urges World Bank to resume work on 7,000 incomplete projects
Officials at the Ministry of Rural Rehabilitation and Development (MRRD) say 7,000 incomplete projects of the World Bank are at risk of destruction in Afghanistan. They call on the World Bank to resume the work of these projects.
According to them, discussions have been held with the World Bank about these projects, but there has been no result yet.
“7,000 incomplete projects are being destroyed, and if the work is not started, these projects will be destroyed. We ask the World Bank to resume the work of these projects as soon as possible,” said Noorul Hadi Adel, the spokesperson of MRRD.
Meanwhile, members of the private sector also ask international institutions to resume their work in Afghanistan.
According to the officials of this sector, with the start of these projects, job opportunities will be provided for thousands of people in the country.
“These projects create employment for our people and the country will grow a lot,” said Mirwais Hajizadeh, a member of the private sector.
However, economic experts stated if the work of these projects does not start soon, they will be destroyed and the investments made in them will be wasted.
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Ten people killed by floods in Helmand
Ten people have been killed and six others injured by floods in Helmand province in the past week, local officials said on Friday.
According to officials, seven of those were members of the same family, and they were killed in Kajaki district last night.
“Most of the people moved from vulnerable areas to high lands and mountains, and thanks Allah the number of casualties is low,” Sher Mohammad Vahdat, the head of information of the Directorate of Information and Culture in Helmand, said adding rescue teams and security forces have been dispatched to help people.
It is said that the telecommunication system has also been disrupted due to the effect of floods in Kajaki district. Floods have also destroyed thousands of acres of agricultural land.
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UN envoy meets Indian foreign minister to discuss Afghanistan
Roza Otunbayeva, the UN Secretary General’s Special Representative for Afghanistan, met with the Indian Foreign Minister Subrahmanyam Jaishankar in New Delhi and discussed issues related to Afghanistan, it was announced on Thursday.
During the meeting, Otunbayeva thanked India for “its critical humanitarian support and longstanding friendship for the Afghan people” and discussed the importance of regional and international cooperation to address prevailing challenges in Afghanistan, UNAMA said on X.
Jaishankar also said on X that the sides exchanged views on the current situation in Afghanistan.
“Underlined that India has provided wheat, medicines, pesticides and school supplies. Appreciate the role of UN agencies as partners in these endeavors,” he said.
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