Asia

Afghan bank fraud tests Kabul's commitment

President Hamid Karzai's brother, a major bank shareholder, conspicuously absent from trial.
Last Modified: 06 Mar 2013 12:14

Two founders of Afghanistan's Kabul Bank have been sentenced to prison for stealing hundreds of millions of dollars.

The fraud almost led to the bank's collapse in 2010, and the case is seen as a test of the government's commitment to fighting corruption.

President Hamid Karzai’s brother Mahmoud, a major bank shareholder, was conspicuously absent from the trial.

Al Jazeera's Sue Turton reports from Kabul, Afghanistan.

65

Source:
Al Jazeera
Topics in this article
People
Country
City
Featured on Al Jazeera
Al Jazeera's exclusive publishing of a key Guantanamo prison military document lays bare the brutality of force-feeding.
Former military official says poverty and anger in indigenous communities mean conditions for an "insurgency" are ripe.
A four-part series that gives a rare insight into the country on the move, with history in tow.
Series on the Palestinian 'catastrophe' of 1948 that led to dispossession and conflict that still endures.
Featured
A four-part series that gives a rare insight into the country on the move, with history in tow.
Series on the Palestinian 'catastrophe' of 1948 that led to dispossession and conflict that still endures.
Two years since the start of the uprising, rebels and Assad's forces remain locked in conflict.
China aims to expand its influence in the resource rich area.
Extensive coverage of war crimes tribunals and controversial calls for blasphemy laws.
join our mailing list