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Afghanistan
Kabul Bank Chiefs Name Afghan Leaders in Court
2012-11-16
[Tolo News] Former Kabul Bank chairman Sherkhan Farnood on Wednesday accused President Hamid Maybe I'll join the Taliban Karzai
... A former Baltimore restaurateur, now 12th and current President of Afghanistan, displacing the legitimate president Rabbani in December 2004. He was installed as the dominant political figure after the removal of the Taliban regime in late 2001 in a vain attempt to put a Pashtun face on the successor state to the Taliban. After the 2004 presidential election, he was declared president regardless of what the actual vote count was. He won a second, even more dubious, five-year-term after the 2009 presidential election. His grip on reality has been slipping steadily since around 2007, probably from heavy drug use...
of using $20 million of the bank's funds for his presidential election bid, contributing to its near collapse in 2010.

Farnood made the accusation at a public court hearing in Kabul, also naming other leading officials including Afghan Minister of Finance Omar Zakhilwal and Afghan Ambassador to Pakistain Omar Daoudzai among those who dealt in corrupt practices.

Farnood claimed in his statement to the court that $20 million from the bank was given to Karzai for his electoral campaign in the 2009 presidential election.
Farnood claimed in his statement to the court that $20 million from the bank was given to Karzai for his electoral campaign in the 2009 presidential election.

Farnood appeared with the former Kabul Bank chief executive Khalilullah Ferozi and about 20 other former employees at the first open court on the bank's crisis.

They are accused of embezzling almost a billion dollars of deposits to pay off personal debts and transfer money abroad.

Farnood objected that the prosecutor did not mention Hassan Fahim, the brother of First Vice President Marshal Mohammad Qasim Fahim, in the accusation of who had key roles in the crisis.

"Four people have a role in the bank's crisis: first Hassan Fahim, second Khalilullah Ferozi, the Attorney General, and the president himself," Farnood said.

"I want to say without fear that Hassan Fahim took $178 million from the bank," he added.

Ferozi said in his statement to the court that Farnood had not mentioned Mahmood Karzai, the brother of President Karzai.

"No one including Hassan Fahim, Mahmood Karzai, or I put pressure on Sherkhan to give shares to Mahmood Karzai. When he gave shares to Mahmood, we disagreed. But he said, 'No, we will use his brother's power'," Ferozi claimed.
Posted by:Fred

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