KABUL — Afghan authorities announced Thursday that they had detained the former chairman and chief executive of the scandal-plagued Kabul Bank, marking the first arrests in a case that nearly collapsed the country’s largest private bank and still jeopardizes tens of millions of dollars in foreign credit to Afghanistan. Senior prosecutors announced the arrests of Sherkhan Farnood and Khalilullah Fruzi several days after a special commission, established last year to investigate charges of improper loans and financial mismanagement at the bank, completed its work and forwarded recommendations to the government. Read full article >>

 

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