AN Afghan court has sentenced two senior Kabul Bank executives to five years in jail for a $US900 million ($A888 million) fraud that caused the country's largest bank to collapse in 2010.
Judge Shamsul Rahman Shams said the men must pay back millions of dollars they gained from the sophisticated network of corruption in which cash was used to buy homes in Britain, Dubai, Switzerland and the US.
The bank's former chairman, Sher Khan Farnoud, and its former CEO Khalilullah Ferozi were both in court on Tuesday to hear the sentencing.
Kabul Bank was seized by the government in 2010 after the exposure of the massive fraud, which led the International Monetary Fund to temporarily halt its hundreds of millions of dollars of loans to Afghanistan.
Renamed New Kabul Bank, the institution was later bailed out by the government.
The criminal proceedings into the bank's collapse are being watched closely by Western donors for signs that the country is finally tackling rampant government corruption.
Donors have pledged billions of dollars in aid after NATO combat troops withdraw in 2014, but have demanded that corruption is brought under control.
A number of well-connected people allegedly implicated in the scandal as shareholders, including a brother of President Hamid Karzai, were not charged by the special court.
Farnoud in court accused Haseen Fahim, the brother of Afghan Vice President Mohammad Qaseem Fahim, of being one of the key organisers behind the scheme.
Anda sedang membaca artikel tentang
Afghan bank execs jailed 5 years for fraud
Dengan url
http://cucidollaran.blogspot.com/2013/03/afghan-bank-execs-jailed-5-years-for.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Afghan bank execs jailed 5 years for fraud
namun jangan lupa untuk meletakkan link
Afghan bank execs jailed 5 years for fraud
sebagai sumbernya
0 komentar:
Posting Komentar