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Weekly Roundup: More Kabul Bank Troubles Surface, Strauss-Kahn Accuser Linked to Money Laundering, and More
printAfghan authorities arrested two former Kabul Bank officials Thursday for their purported roles in a graft scheme that involved $900 million in fraudulent loans to bank officials and other insiders, The New York Times reported. Sherkhan Farnood and Khalilullah Frozi served as the defunct bank's chairman and chief executive officer, respectively. More Abdul Qadir Fitrat, the head of Afghanistan's central bank, fled to the United States after receiving threats following his cooperation in a U.S. investigation of corruption at Kabul Bank, Bloomberg reported Wednesday. More Separately, officials with the International Monetary Fund (IMF) have told the Afghanistan government that it...
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