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

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(Last Updated On: February 3, 2020)

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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Bayat Foundation in Ghazni to help needy families

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(Last Updated On: December 2, 2021)

The Bayat Foundation continues to help vulnerable families across Afghanistan and this week distributed hundreds of food parcels to people in central Ghazni province.

The foundation’s officials said they had so far distributed essential food supplies to deserving people in Herat, Balkh, Khost, Kunduz, Kandahar, and Bamiyan provinces.

Haji Mohammad Ismail, deputy head of the Bayat Foundation, stated: “Through its continued assistance, the Bayat Foundation was in Ghazni [to distribute aid] and further assistance will be distributed in other provinces soon.”

The foundation said it will do its best to reach vulnerable families during winter.

Grateful recipients of the food aid thanked the Bayat Foundation and said the packages were badly needed.

“We are thankful to the Bayat Foundation that provided us with foodstuff such are flour, rice, and oil and we call for further assistance,” one of the recipients said.

Another recipient added: “I am pleased that the Bayat Foundation is helping needy people during this cold winter.”

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UN seeks record $41 billion for aid to hotspots including Afghanistan

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(Last Updated On: December 2, 2021)

The United Nations appealed on Thursday for $41 billion to provide life-saving assistance next year to a record 183 million people worldwide caught up in conflict and poverty, led by a tripling of its programme in Afghanistan.

Famine remains a “terrifying prospect” for 45 million people living in 43 countries, as extreme weather caused by climate change reduces food supplies, it said in the annual appeal reflecting a 17% rise in annual funding needs.

“The drivers of needs are ones which are familiar to all of us. Tragically, it includes protracted conflicts, political instability, failing economies… the climate crisis, not a new crisis, but one which urges more attention and of course the Covid-19 pandemic,” UN aid chief Martin Griffiths told a news briefing on Wednesday.

In a report to donors, the world body said: “Without sustained and immediate action, 2022 could be catastrophic.”

Afghanistan, Syria, Yemen, Ethiopia and Sudan are the five major crises requiring the most funding, topped by $4.5 billion sought for Afghanistan where “needs are skyrocketing”, it said.

In Afghanistan, more than 24 million people require life-saving assistance to prevent catastrophe, a dramatic increase driven by political tumult, repeated economic shocks, and the severe food insecurity caused by the worst drought in 27 years, Reuters reported.

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Four wounded in Kabul blast

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(Last Updated On: December 2, 2021)

The Emergency Hospital in Kabul has confirmed four people were wounded in an IED explosion in Salim Karwan square in PD4 around midday Thursday.

The Emergency Hospital said in a tweet that the injured were taken to the hospital from the scene of the explosion.

The hospital said a child was among the injured adding the incident was caused by a magnetic IED attached to a vehicle.

Islamic Emirate of Afghanistan’s (IEA) Interior Ministry spokesman Saeed Khosti, however, said the incident was caused by an IED placed in a pot. He also claimed that there were no casualties in the blast.

No individual or group has claimed responsibility for the attack.

Two days ago, Kabul witnessed another explosion. The blast, which targeted an IEA vehicle, wounded five people, including members of the IEA.

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