Connect with us

Latest News

Kabul Bank trail postponed to Tuesday

Published

on

(Last Updated On: October 25, 2022)

vlcsnap-2014-11-10-18h28m10s232The trail of Kabul Bank case ended without any result Monday after the first court session and postponed to Tuesday.
ShirKhan Farnood and Khalilullah ferozi the shareholders of former Kabul Bank admit that they are involved in Kabul Bank case, but said that other shareholders are also involved in the case.
“Hakim Beri and Zakhail Wal Fetrat were the main cause of our misery. This is conspiracy against us.” Ferozi said.
The attorneys said that the critical factors of Kabul Bank case are those that their lists have been released earlier.
Officials said that Afghan government have been recovered some of the embezzled money of Kabul Bank and trying to recover the remained embezzled money of the bank.
They added that they could recover $ 177 million dollars so far.
While Kabul Bank faced crisis that over $ 900 million dollars in cash were taken illegally from the investment of the bank.
Earlier, President Ashraf Ghani Ahmad Zai is said to consider the Kabul bank case one of the world’s largest banking fraud.

Advertisement

Latest News

IEA urges World Bank to resume work on 7,000 incomplete projects

Published

on

(Last Updated On: April 19, 2024)

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.

Continue Reading

Latest News

Ten people killed by floods in Helmand

Published

on

(Last Updated On: April 19, 2024)

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.

Continue Reading

Latest News

UN envoy meets Indian foreign minister to discuss Afghanistan

Published

on

(Last Updated On: April 19, 2024)

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.

Continue Reading

Trending

Copyright © 2022 Ariana News. All rights reserved!