Afghanistan Analysts Network – English

Posts tagged: Kabul Bank

Kabul Bank

President signs a document flanked by a number of officials.

Thematic Dossier XIII: Still (not) dealing with the Kabul Bank scandal

AAN Team

One of the very first acts of the National Unity Government was to reopen the case of the massive Kabul Bank scandal. President Ghani later referred to this portfolio as one of his government’s “signaling priorities,” implying that progress on this issue would be indicative of the seriousness with which his government tackled corruption. Now, […]

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Caption: Convicted Kabul Bank shareholder Khalil Ferozi is treated as a guest of honor during the 4 November 2014 stone-laying ceremony for Kabul's Smart City, where he signs an MoU with the ministry of urban development. Source: ministry of urban development.

The Afghan Government and th­e ‘Smart City’ Debacle: Who out-smarted whom?

Martine van Bijlert

The Afghan government, much to its chagrin, has found itself embroiled in a controversy that has direct links to the 2010 Kabul Bank scandal. On 4 November 2015, a small group of high-level government officials presided over the stone-laying ceremony of a new and ambitious township called Smart City. What was meant as a good […]

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Kabul Bank: glitzy facade, foul credits. Photo: ToloNews

AAN Podcasts: Martine van Bijlert talks Kabul Bank

Thomas Ruttig

Regular visitors to the AAN website will have noticed that we have added an additional channel to our publications: podcasts. Although we already posted some podcasts earlier on (visit the archive here), you will be able to literally hear from us more regularly, from now on. We start our new podcast series with a comment […]

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The Kabul Bank Tribunal: an exercise in containment

Martine van Bijlert

The Kabul Bank crisis is complicated and multi-layered. Its tentacles reached into almost all centres of power and threatened to embarrass not just the architects of the scam, but practically everybody involved: businessmen, politicians, senior government officials, the various Presidential campaign teams, Parliamentarians, Central Bank staff, international advisers, donors – the list is long. Since […]

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The Rise and Fall of the Kabul Bank – making the details public

Martine van Bijlert

Much has been written about the Kabul Bank crisis. A series of confidential investigations and audits have described the legal violations and technical processes involved in the bank management’s fraudulent operations, and most of these reports were fairly widely leaked. Media appearances by the various protagonists and representatives of government institutions involved in the follow-up […]

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The Kabul Bank Investigations; Central Bank Gives Names and Figures

Martine van Bijlert

On Wednesday, 27 April 2011, the head of Afghanistan’s Central Bank, Abdul Qadir Fitrat, and the new (Central Bank appointed) chief of the Kabul Bank, Massud Ghazi, briefed the Parliament on what was going on with the Kabul Bank. They named names, gave detail of the close to one billion USD irregular loans that brought […]

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