Connect with us

Business

MEC says Kabul Bank embezzlement crisis investigations sack

Ariana News

Published

 on

(Last Updated On: April 26, 2015)

vlcsnap-2015-04-26-15h36m33s107

Kabul Bank embezzlement crisis is still unsolved and the New Kabul Bank is working with deficiencies.

The Independent Joint Anti-Corruption Monitoring and Evaluation Committee (MEC) in a press conference presenting their six month report said that Kabul bank investigation is unacceptable, because there are defects on their reports.

Rashid Behroz Chief Executive Officer of the MEC said,” Inquiry to the Kabul Bank crisis is unacceptable, because they haven’t collected all the moneys being embezzled and the New Kabul Bank is also having faults”.

The Committee believes that there is a strong commitment for eliminating corruption in Afghanistan government leadership, but there are some procrastinations and unwillingness in the governmental institutions.

“Our findings reveal that all governmental institutions were not good colleagues with us, they were not cooperating with us, but there are some institutions partially helped the committee in anti-corruption cases,” Behroz added.

MEC further asked the government to trail those governmental officials affected with corruptions.

“There are many corruption cases showing high governmental officials involvement including Omar Zakhilwal ex-finance minister, we are asking the government to trail all those accused for corruption in transparent court.”

The committee is also presenting a large number of recommendations for anti-corruption efforts.

Sayed Hameedullah Tawab MEC Advisor said,” the recommendations we have provided for anti-corruption efforts to the governmental institutions will be very efficient to decrease corruption”.

Different organizations have struggled to tackle the corruption challenges, but their activities and practical actions were very rare.

The Independent Joint Anti-Corruption Monitoring and Evaluation Committee (MEC) independently monitors and evaluates national and international efforts to fight corruption in Afghanistan.

vlcsnap-2015-04-26-15h36m51s35

Reported by: Rafi Sediqi

Continue Reading
Advertisement

Business

MTN to quit Afghanistan, along with other Middle Eastern countries

Ariana News

Published

on

(Last Updated On: August 6, 2020)

MTN Group will exit its operations in the Middle East and Afghanistan to become an Africa-only-focused telecommunications operator.

The group said in a statement on Thursday that “MTN has resolved to simplify its portfolio and focus on its pan-African strategy and will, therefore, be exiting its Middle Eastern assets in an orderly manner over the medium term.” 

The group is already in “advanced discussions” to sell its 75 percent stake in its Syrian subsidiary, CEO Rob Shuter said in a call with journalists. It is negotiating with TeleInvest, the 25% owner of the Syrian business, about the sale.

Shuter said the initial focus will be on exiting its operations in Syria, Yemen and Afghanistan. However, it also plans to divest of its 49 percent of its stake in MTN Irancell in time.

News of the Middle East and Afghanistan exit comes after a lawsuit was filed in the US in April this year that claimed MTN and several other Western businesses aided terrorist organizations in activities carried out against the United States in the region.

Filed on behalf of American service members, civilians, and their families, who were killed or wounded in Afghanistan, the complaint alleged that MTN paid over $100 million to al-Qaeda and the Taliban so its towers would not be destroyed.

The lawsuit also claimed that MTN would switch off these towers at night, and in doing so, hampered US intelligence operations.

Mybroadband.co.za reported that MTN previously filed a motion to dismiss the original lawsuit, because it said the court lacks jurisdiction over MTN, which does not operate in the United States, and because the complaint does not allege any conduct by MTN that would have violated the Anti-Terrorism Act.

Following an amendment of the complaint by the plaintiffs in June this year, the operator now anticipates filing another motion to dismiss on largely the same grounds.

“MTN remains of the view that it conducts its business in a responsible and compliant manner in all its territories and will defend its position where necessary,” the operator said.

Continue Reading

Business

Air Arabia Abu Dhabi launches new service to Kabul and Dhaka

Ariana News

Published

on

(Last Updated On: August 4, 2020)

Air Arabia Abu Dhabi has announced the introduction of two new destinations — Kabul in Afghanistan and Dhaka in Bangladesh – with direct flights from Abu Dhabi commencing on August 7.

Initially there will be three flights a week from Abu Dhabi to Kabul, on a Wednesday, Friday and Sunday.

 

Air Arabia Abu Dhabi was formed following an agreement by Etihad Airways and Air Arabia to establish Abu Dhabi’s first low-cost carrier that follows the business model of Air Arabia and complements the services of Etihad Airways from Abu Dhabi thereby catering to the growing low-cost travel market segment in the region.

Air Arabia Abu Dhabi started its operations in July 2020 with flights to Alexandria and Sohag in Egypt from Abu Dhabi International Airport.

 

 

Continue Reading

Business

Gov’t collects more than 2.2 billion AFN from 10% telecom tax in past seven months

Ariana News

Published

on

(Last Updated On: August 2, 2020)

The government has logged more than 2.2 billion AFN in tax collection via the 10 percent telecom tax on mobile phone subscribers since the beginning of the current fiscal year. 

The Ministry of Communication and Information Technology (MCIT) said Saturday that through the Real-Time Data Management System – a system used for monitoring the collection of the 10 percent taxes from telecom services – it managed to collect the revenue.

“We managed to collect more than 2.2 billion AFN since the beginning of 2020 and handed it over to the government treasury,” said Abdul Samad Hamid Poya, a spokesman for the MCIT.

Experts, however, claimed the Ministry has yet to ensure transparency in the collection process of the 10 percent revenue tax from mobile phone users.

According to them, the ministry failed to provide details about the exact number of active SIM Cards. But Samad Hamid Poya blamed some telecom companies for not providing them information on the issue.

“We acknowledge that the Ministry of Communications has done some of its work, but if the 10 percent tax would be collected transparently the ministry could generate more revenue than what they have shared,” Salim Tufan an economist told Ariana News.

Last year the MCIT installed “Real-Time Data Management” for the collection of tax across the country. The system was aimed at collecting genuine information through connecting with the telecommunication network system to ensure and gain public confidence in the transparency of the collection process of 10 percent telecom tax and other telecommunication revenues.

Since then, the system remained one of the most controversial issues in the Ministry. Critics believe that the system cannot ensure transparency in the mobile tax collection.

Continue Reading

Trending