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Government’s action just a slogan against Kabul Bank scandal

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Last Updated on: October 25, 2022

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Integrity Watch Afghanistan (IWA) said that the government’s action was just a slogan against the Kabul Bank scandal.

According to the IWA findings, the New Kabul Bank losses $ 7 million annually that after the bust of former Kabul Bank, the Bank have lost $ 50 million so far.

IWA criticized the Afghanistan government and emphasized that Kabul Bank’s debtors have the support of National Unity Government leaders.

The institution stressed that Afghan government failed to reclaim the stolen money of Kabul Bank and punish the perpetrators.

IWA also warned that if a supervisory capacity not created in the Central Bank, other Private Banks will also face the fate of Kabul Bank.

In the meantime, Afghanistan interior ministry accepts that none of the Kabul Bank’s escapees arrested but rejected IWA’s statements.

President Ashraf Ghani announced on Oct. 1 that he would re-open the inquiry into the theft of almost $1 billion from the bank, fulfilling a campaign promise to make fighting corruption a priority.

The Afghan government was forced to bail out the country’s then biggest bank after a run on deposits in 2010. It was later re-launched as the state-run New Kabul Bank, but confidence in the banking sector has yet to fully recover.

Afghanistan relies on aid for most of its income and, despite receiving billions of dollars in aid each year, was forced to delay payments to civil servants a few months ago because it had run out of cash.
Reported by Ahmad Farshad Saleh

 

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5.8-magnitude earthquake shakes parts of Afghanistan

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A strong earthquake measuring 5.8 on the Richter scale struck parts of Afghanistan on Friday night, according to the United States Geological Survey (USGS).

The epicenter was reported in Jurm district of Badakhshan province, with a depth of 186 kilometers.

There have been no immediate reports of casualties or damage.

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China says Afghanistan–Pakistan peace talks show progress

China has positioned itself as a facilitator, aiming to create conditions for dialogue and provide a platform for negotiations.

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Negotiations between Afghanistan and Pakistan are making steady progress, China said on Friday, as efforts continue to ease tensions in their most serious conflict since the return of the Islamic Emirate of Afghanistan in 2021.

Speaking at a regular press briefing, Chinese foreign ministry spokesperson Mao Ning said both sides had welcomed Beijing’s mediation and were willing to resume dialogue. “This is a positive development,” she said, noting that China remains in close communication with both governments.

Beijing— which shares a border with both countries—has stepped up diplomatic engagement in recent months, including calls with foreign ministers and a visit by a special envoy in March. Previous rounds of talks have reportedly taken place in Urumqi, though officials did not confirm the latest venue.

China has positioned itself as a facilitator, aiming to create conditions for dialogue and provide a platform for negotiations. Mao said further details would be released jointly by the three countries “in due course.”

Clashes between Afghan and Pakistani forces since October have killed dozens on both sides, with Afghan civilians bearing the brunt of the violence. Islamabad has accused Kabul of harboring militants responsible for cross-border attacks—an allegation Afghan authorities deny, calling militancy a domestic issue for Pakistan.

The renewed diplomatic push signals cautious optimism that tensions between the neighbors could ease through sustained dialogue under Chinese mediation.

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Afghan doctors urged to support Iranian health institutions amid US and Israeli attacks

This appeal aims to emphasize the protection of healthcare facilities and the safeguarding of human health during times of war and crisis.

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The Embassy of Iran in Afghanistan, citing Masoud Pezeshkian, President of Iran, has called on doctors worldwide to respond to recent attacks on hospitals, pharmaceutical companies, and medical research institutions in Iran by U.S. and Israeli forces.

The embassy specifically urged Afghan doctors and healthcare staff to support Pezeshkian’s appeal and, in coordination with international organizations, raise the voice of the medical community against what has been described as a blatant attack on humanity.

This appeal aims to emphasize the protection of healthcare facilities and the safeguarding of human health during times of war and crisis.

So far, the Islamic Emirate of Afghanistan has not issued any official response regarding this appeal.

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