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Kabul Bank’s fraud; the National Unity Government recovers only $30 million

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The Integrity Watch Afghanistan said that the Kabul Bank case was not prosecuted as President Ghani had promised in his first days of the presidency. The government before Ghani had retrieved ten times more than what the Ghani-Abdullah’s government has.

Kabul Bank had around 1,300 million dollar banknotes deposit. Around 9 years back, the bank went bankrupt, after its managers and shareholders withdrew nearly 900 million dollars illegally.

The ex-government, led by Hamed Karzai, could retrieve nearly 300 million dollars in cash.

President Ghani, in his early days of power, promised to end the biggest corruption case and instructed the judiciary to prosecute the case all over.

Five years have passed, and the National Unity Government could only retrieve $30 million from the KB case.

The Integrity Watch Afghanistan said that the Kabul Bank Case had been treated politically.

Mohammad Ikram Fazli, the Integrity Watch Afghanistan head said, “Unfortunately, since the beginning, the KB case has been dealt with, politically, and the main culprits of the case have never been prosecuted.”

However, the attorney general said the Kabul Bank’s case had been taken to the court on time, and that the offenders had been jailed as per the court’s verdict.

Jamshid Rasouli, the attorney general’s spokesperson said in the matter, “The case has been prosecuted once on the National Unity Government’s watch, and the judiciary has finalized the case. Offenders, who were found guilty, were sent to jail.”

The aftershocks of the Kabul Bank crisis shocked investors and economists. That is to say that the court found Khalil Firouzi and Shirkhan Farnoud guilty, but later on, Firouzi received the contract of constructing a town from the Ministry of Urban Development and Land, and on the verge of the election, Firouzi was released from the Jail.

According to critics, Firouzi’s political support helped him bypass the law. While Shirkhan Farnoud ended up dead in jail.

 

Reporter: Ali Asghari 

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Afghanistan and Indonesia call for expanding bilateral cooperation

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Saadullah Baloch, Acting Ambassador of the Islamic Emirate of Afghanistan in Jakarta, and Riki Ihsan, Director for East Asia and Central Asia at Indonesia’s Ministry of Foreign Affairs, met and discussed the expansion of bilateral cooperation in the political, economic, and diplomatic spheres, while emphasizing the friendly relations and mutual respect between the two countries.

According to a statement from the Embassy of the Islamic Emirate in Jakarta, the two sides also discussed holding meetings and official visits by senior officials of both countries in order to strengthen coordination and consolidate relations.

Baloch and Ihsan further discussed encouraging investment in Afghanistan, emphasizing the importance of creating a suitable environment and providing facilities in this area, as well as enhancing economic cooperation.

They also stressed the strengthening and further expansion of friendly relations and constructive cooperation between Afghanistan and Indonesia, and expressed their readiness to continue contacts and cooperation.

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Chinese envoy, Afghan official discuss ways to strengthen tourism cooperation

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China’s Ambassador to Kabul, Zhao Xing, met with Qudratullah Jamal, Deputy Minister for Tourism, Finance, and Administration at Afghanistan’s Ministry of Information and Culture, to discuss ways to strengthen tourism cooperation and expand cultural ties between the two countries.

During the meeting, Jamal urged China to share expertise and cooperate in key areas, including tourism development, capacity building and training for students at the Tourism and Hotel Management Institute, visa facilitation, tourism marketing, and investment in tourism infrastructure.

He also highlighted the historical importance of the Silk Road and called for joint efforts to organize exhibitions in both countries and promote the exchange of specialists.

Ambassador Zhao described Afghanistan–China relations as positive and reaffirmed Beijing’s commitment to preserving and expanding bilateral ties. He expressed readiness to cooperate and share experiences in the discussed areas, stressing that stronger cultural and tourism relations require sustained bilateral cooperation.

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Khyber Pakhtunkhwa governor criticizes chief minister for ‘defending Afghanistan’

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Faisal Karim Kundi, the Governor of Khyber Pakhtunkhwa, has criticized the province’s Chief Minister, Sohail Afridi, for what he described as “defending Afghanistan” on security matters.

Speaking a press conference, the governor said the chief minister was repeatedly asking for evidence of terrorism originating from Afghanistan, whereas he should seek a detailed briefing from the inspector general of police.

“If Afghanistan is not involved in terrorism, then who is?” he questioned, adding that the international community had already acknowledged that Afghan soil was being used for terrorist activities in Pakistan, including Khyber-Pakhtunkhwa. 

Pakistani officials have consistently claimed that militants use Afghan territory to carry out attacks in Pakistan, an allegation that the Islamic Emirate of Afghanistan has denied.

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