Key figures in the Kabul Bank saga
Kabul bank, Afghanistan's biggest private bank, has been at the center of a financial and political crisis following reports of unorthodox lending and real estate speculation in Dubai. Its executives were ousted last month, and Afghan authorities are continuing to investigate transactions made by the bank's shareholders.
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This Story U.S. and Afghans at odds over Kabul Bank reform Article | KABUL - The United States and Afghan President Hamid Karzai are at odds over a proposed investigation into Kabul Bank and how to clean up the tottering but politically connected financial institution, according to U.S. and Afghan officials. This Story Authorities struggle to stabilize Kabul Bank Article | KABUL - With crowds again besieging Afghanistan's largest private bank after a day's respite for Friday prayer, Afghan authorities on Saturday grasped for a plan to shore up tottering Kabul Bank and avoid potential economic and political turmoil. This Story Karzai urges Afghans not to panic as bank withdrawals accelerate Article | DUBAI, UNITED ARAB EMIRATES - As depositors thronged branches of Afghanistan's biggest bank, President Hamid Karzai told Afghans on Thursday not to panic shortly after his brother, a major shareholder in the beleaguered Kabul Bank, called for intervention by the United States to head off a finan... This Story Karzai's brother might be indicted for evading U.S. taxes Article | In a move that could further strain Washington's already fraught relations with Afghan President Hamid Karzai, federal prosecutors are considering an indictment against his brother for tax evasion, according to a U.S. official and a source familiar with the investigation. |
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