KABUL (Pajhwok): The Integrity Watch Afghanistan (IWA) on Thursday said allowing convicted debtors of Kabul Bank in key projects “is a challenge for economy and credibility of Afghanistan.”
Former Kabul Bank chief executive Khalilullah Ferozi, who was convicted in the Kabul Bank scandal, on Wednesday launched a township project “Hoshmand” with initial investment of $98 million.
Ferozi and Sher Khan Farnud were convicted and sentenced to 10 years in jail in Dec, 2014 in the big scandal.
Once the country’s largest lender, the bank . . .
