More arrests made in Kabul Bank scandal

KABUL): Three foreigners were among seven Kabul Bank officials arrested by intelligence officials as part an investigation after reports surfaced last year that the bank had lost hundreds of millions of dollars, an official said on Saturday.

The new arrests were made three days after National Directorate of Security (NDS) officials arrested Shir Khan Farnod and Khaliullah Ferozi, key Kabul Bank shareholders and former top executives at the bank.

Farnod and Ferozi were arrested late Wednesday and handed over to the Office of Attorney General.

The seven, including three Indians, were detained on Saturday after the attorney general’s office received a report on the Kabul Bank crisis authored by the High Office for Anti-Corruption, the governmental body tasked with investigating the scandal, Deputy Attorney General Rahmatullah Nazari, told Pajhwok Afghan News.

The suspects were referred to the Attorney General’s Office, he said, adding more arrests were likely to be carried out soon.

ma/kg