Economics Report - The Kabul Bank Scandal

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08Mar2013)	Afghan	All	Bank	Bank's	English	Former	From	Kabul	Karzai
States	a	among	and	court	demanding	financial	first	forces	government
guilty	or	repay	sentences	several	stealing	under	will

VOA Learning English, this is the Economics Report. A in Afghanistan recently sentenced former leaders of the country's private bank to prison. The two men were found of crimes that led to the failure of the Bank in 2010. Some people say the five-year prison were not enough. The bank failure led to a crisis in Afghanistan. A special three-judge committee of the Supreme Court decided the case. The court found Kabul former chairman, Sherkhan Farnood, guilty of stealing $278 million. chief executive officer Khalilullah Ferozi was found guilty of $530 million. The judge ordered the two men to the stolen money. The former bank officials have been house arrest for more than a year. They were 21 Kabul Bank and government employees who were tried found guilty. The other defendants were given shorter sentences. have the right to appeal. The case was considered test of Afghanistan's new legal system and the government's to fight corruption. The special court did not charge other influential people linked to the bank as shareholders borrowers. These people included a brother of President Hamid and a brother of the first vice presidentThe Afghan rescued the bank and renamed it the New Kabul . Nations that help support Afghanistan, led by the United , have promised billions of dollars in aid after NATO withdraw by the end of 2014. But they are that the government bring corruption under controlFor VOA Learning , I'm Alex Villarreal. (Adapted from a radio program broadcast

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