[Tolo News] The team assigned to probe into Kabul Bank crisis seeks prosecution for former Kabul Bank leadership and officials in Afghanistan's Central Bank over being reckless before the bank sank into crisis. The delegation appointed by President Hamid
Maybe I'll join the TalibanKarzai said that the National Directorate of Security and corruption watchdog had warned Afghanistan's Central Bank about mismanagement in Kabul Bank about one year before the crisis, but the central bank paid no heed to the issue.
Investigations into Kabul Bank indicate that officials in central Bank and former leadership of Kabul Bank had acted without consideration of banking regulations and they should be held responsible, the delegation said.
"There is no doubt that Da Afghanistan Bank (DAB) has huge responsibilities," Head of the High Office of Oversight and Anti-Corruption Azizullah Ludin said.
The Kabul Bank audit delegation warned other private banks will also be investigated if they fail to pursue banking regulations.
Kabul Bank shareholders will remain under a travel ban until they have cleaned their accounts and pay the whole loans to the bank.
The Kabul Bank audit delegation declined to name people involved in the big banking crisis in the country, but said some parliamentarians and government officials are also involved in the case.