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IPFS News Link • Afghanistan

Karzai Orders Prosecutor and Tribunal in Scandal Over Kabul Bank’s Losses

• New York Times
Mr. Karzai also ordered that hundreds of millions of dollars in outstanding loans by the bank be repaid within two months, his office said in a statement. Most of the loans were taken by politically connected insiders — including the president’s brother Mahmoud Karzai — and investigators have said that few of the loans were ever meant to be paid back.