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AGO: $480m Kabul Bank Loans Recovered Yet

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Last Updated on: October 25, 2022

KABULBANK - 17 - 08 - 2015 - SOT - DARI.avi_snapshot_01.08_[2015.08.17_15.20.32]

Out of 277 Kabul Bank loaners Afghan police have arrested 50 loaners yet, senior AGO official said on Monday.

Attorney General Office emphasize that police will soon arrest all the scandals.

The bank collapsed in 2010 after losing almost $ 1bn, many of the bank’s staff were sent to prison but the brothers of former President Hamid Karzai and his vice-president who were also involved, were granted immunity.

KABULBANK - 17 - 08 - 2015 - SOT - DARI.avi_snapshot_00.00_[2015.08.17_15.19.03]President Ghani reopened the Kabul Bank inquiry as his first step in a fight against corruption about ten months ago saying the time for action has come, but recently only nine Kabul Bank shareholders have agreed to pay their debts in a regular interval.

The bank’s founder, Sherkhan Farnood, and ex-CEO Khalilullah Ferozi were jailed for five years after being convicted last year of taking $810m of the $935m stolen.

Eighteen others were also jailed but Karzai’s brothers and one of his vice-presidents escaped prosecution because they had returned stolen funds.

The remaining loaners have denied to provide their debts; therefore, the Attorney General Office have tasked police to arrest all of them.

“Out of 227 debtors only 50 loaners have agreed, we try to arrest the others also in cooperation with police,” Noor Habib Jalal acting head of the Attorney General Office said.

$222 million was returned back to the bank after a special tribunal set up by Afghanistan’s Supreme Court during Hamid Karzai’s era, but after Ghani resumed the investigations the amount jumped to $480 million as final verdict issued on the biggest banking fraud.

“$480 million was returned back to Kabul,” Jalal added.

Integrity Watch Afghanistan (IWA) findings show that the New Kabul Bank loss about $7 million annually and the amount has reached to a deficit of $50 million.

Reported by: Ahmad Farshad Saleh

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Afghan community in California condemns Pakistani strikes amid growing global protests

The gathering in California follows a series of protests held last week by Afghan communities in Europe, highlighting growing concern among the diaspora over the deteriorating security situation.

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Members of the Afghan diaspora in the United States have joined a widening wave of international condemnation over recent Pakistani military strikes on Afghan territory, as tensions along the disputed Durand Line continue to escalate.

A group of Afghan citizens in Sacramento gathered this week to denounce the attacks, describing them as a violation of sovereignty and a threat to civilian lives. Participants issued a formal resolution calling on the international community to investigate the strikes and hold those responsible accountable.

Speakers at the event warned that continued military action risks deepening instability in the region, urging global leaders to take the situation seriously and push for measures to prevent further escalation.

The gathering in California follows a series of protests held last week by Afghan communities in Europe, highlighting growing concern among the diaspora over the deteriorating security situation.

In London, hundreds of demonstrators marched through central streets, chanting slogans against the strikes and calling for urgent international intervention.

Protesters pointed to rising civilian casualties in eastern Afghanistan and warned that repeated shelling along the Durand Line could further destabilize already fragile local communities.

Meanwhile, in Oslo, members of the Afghan community gathered outside the Norwegian Parliament to voice similar concerns. Organizers said a formal resolution was submitted to national authorities, as well as to the United Nations and the International Criminal Court, urging immediate steps to halt the violence and ensure civilian protection.

The demonstrations come amid renewed tensions between Afghanistan and Pakistan, where cross-Durand Line clashes and artillery exchanges have periodically flared. Analysts warn that without sustained diplomatic engagement, the situation risks escalating into a broader security crisis with far-reaching regional implications.

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IPL 2026: Lucknow hold nerve in final over to defeat Sunrisers

The match went down to the wire, with Sunriser’s bowlers applying pressure in the death overs through tight lines and clever variations.

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Lucknow Super Giants edged out Sunrisers Hyderabad in a thrilling Indian Premier League (IPL) encounter on Sunday, completing a tense run chase in the final over to register a crucial early-season win.

Batting first, Sunrisers posted a competitive total built around a fluent innings from Heinrich Klaasen, who once again demonstrated his ability to accelerate in the middle overs. He found support from the top order, helping the hosts set what looked like a defendable target on a surface offering some assistance to bowlers.

In response, Lucknow’s chase was steady rather than explosive. Early wickets threatened to derail their innings, but captain Rishabh Pant played a composed and calculated knock, anchoring the innings while rotating strike effectively.

Nicholas Pooran provided a late surge with some aggressive hitting, shifting momentum back in Lucknow’s favour.

The match went down to the wire, with Sunriser’s bowlers applying pressure in the death overs through tight lines and clever variations. However, Lucknow kept their composure, finding the boundaries when needed to cross the line with just one delivery remaining.

The win gives Lucknow Super Giants valuable momentum in the opening phase of the tournament, while Sunrisers Hyderabad will take positives from their batting performance but look to tighten their execution at the death.

Focus now moves to Monday’s fixture which sees Kolkata Knight Riders face Punjab Kings in what is expected to be a high-tempo contest.

Kolkata’s strength lies in their all-round depth, with power hitters and a varied bowling attack capable of adapting to different conditions. Punjab Kings, on the other hand, will be banking on their explosive top order and improved bowling unit to deliver a more complete performance.

Both teams are still shaping their combinations, making this an important match for building rhythm and consistency as the league stage progresses.

Fans across Afghanistan can follow every moment of the IPL live on Ariana Television Network, which holds exclusive broadcast rights for the tournament.

Viewers are also encouraged to stay connected via the social media platforms of Ariana Television and Ariana News for updated match schedules, live coverage details, highlights, and breaking IPL news throughout the season.

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IEA supreme leader orders replacement of foreign terminology in official documents

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The leader of the Islamic Emirate of Afghanistan (IEA) has issued a new decree mandating the review and replacement of foreign terms in official government documents.

The directive calls for the formation of a special committee to assess and revise non-native terminology used across state institutions. The body will be chaired by the Ministry of Justice and include representatives from the Ministries of Higher Education, Education, Information and Culture, as well as the Academy of Sciences and the Administrative Affairs Office.

Under Article Two of the decree, all government entities are required to identify foreign terms used in their administrative and legal documents and submit them to the committee in a structured format, along with proposed alternatives and supporting justifications.

According to Article Three, the committee will evaluate the submissions and select appropriate replacements, taking into account Islamic and Afghan linguistic and cultural considerations. It will also have the authority to summon representatives from relevant institutions for further clarification if necessary.

The decree, as outlined in Article Four, takes effect immediately and will be published in the official gazette.

 
 
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