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Director / Editor: Victor Teboul, Ph.D.
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Ghani Reopens Inquiry Into Kabul Bank Scandal

Afghanistan's new president on Wednesday reopened an inquiry into a 2010 bank scandal involving a Ponzi scheme that collapsed triggering a financial crisis and dealing a heavy blow to confidence in the banking sector. President Ashraf Ghani reopened an inquiry into the theft of almost $1 billion from Kabul Bank with a decree, fulfilling a campaign promise to make fighting corruption a priority. Afghanistan's corruption watchdog called the scandal “one of the largest banking...


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