KABUL (Pajhwok): Former Kabul Bank chief executive and major defaulter Khalilullah Ferozi, who was convicted last year in the massive banking fraud scandal, on Wednesday launched work on an ambitious township project -- involving an initial investment of $98 million -- in the heart of the nation’s capital.
Ferozi and Sher Khan Farnood -- founder of what has come to be dubbed as a piggy bank -- had been convicted on charges of defrauding the Kabul Bank of nearly a billion dollars. Each was sentenced to 10 years in jail in . . .
