KABUL (IWA) on Saturday said their investigations suggested that the New Kabul Bank lost $65 million in the past six years.
The IWA Head Sayed Akram Afzali told reporters the semi government bank was in miserable condition as it could not improve after it was hit by financial crisis.
He said incompetent administration, irresponsible attitude of officials especially in the centre and at the Ministry of Finance (MoF) were main causes of huge loss to the bank in the past six months.
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