Similar Stories to Afghan Commission Blames Regulators In Kabul Bank Scandal on Bing News

KABUL — An Afghan government commission blamed regulators for financial mismanagement at the nation’s largest private bank, saying Sunday that monitors should have kept Kabul Bank from making hundreds of millions of dollars in questionable loans that forced the bank into receivership. The bank has been in turmoil since the fall, when it was discovered that shareholders — some of them relatives or backers of President Hamid Karzai — had lent themselves millions to invest in mansions in Dubai, United Arab Emirates, and risky prestige projects such as an airline and shopping malls in Kabul.

BING NEWS:
  • Bank failures, new CFPB rules and other issues facing investors
    Investors are facing recent pressure after Republic First's collapse, allegations of criminal activity by an executive at Old National and a pending CFPB rule affecting credit card fees.
    05/20/2024 - 8:30 am | View Link
  • US financial regulators propose anti-money laundering rules for fund advisers
    Two U.S. financial regulators jointly proposed new rules on Monday that would fight money laundering by requiring fund advisers to document customer identities, part of a wider effort to keep dirty ...
    05/14/2024 - 2:46 am | View Link
  • Regulators' proposal to curb incentive-based compensation draws banks' ire
    "We are concerned that the agencies seem to be ignoring the numerous and significant concerns raised by the industry." ...
    05/10/2024 - 6:39 am | View Link
  • Islamic State group claims responsibility for bombing at Afghan bank and says it targeted Taliban
    ISLAMABAD: A deadly bombing at a branch of New Kabul Bank in Kandahar city, targeting Taliban members collecting their salaries, was claimed by the Islamic State group. The attack resulted in ...
    03/22/2024 - 7:43 am | View Link
  • Russia to skip meeting with Afghan activists in Qatar — embassy in Kabul
    According to the statement, the selection of "so-called Afghan civil activists" was conducted non-transparently, behind Kabul's back DUBAI, February 19. /TASS/. At Kabul's request, Moscow won’t ...
    02/18/2024 - 3:51 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News