Kabul Bank gives hidden loans to officials
(NEWSER) - Afghanistan’s largest commercial bank has been giving off-the-books multimillion-dollar loans to top members of Hamid Karzai’s government, to help them buy luxury villas in Dubai. Kabul Bank's founder and chairman is Sherkhan Farnood, Afghanistan’s only world-class poker player, and many of the villas, including Karzai’s own, are in his name. “What I’m doing is not proper, and not exactly what I should do,” Farnood the Washington Post . “But this is Afghanistan.” More»
