The first official analysis of the “Kabul Bank Crisis” of 2010 reveals an urgent need for reform in the international banking system, said Global Witness today [28th November 2012]. The “Report of the Public Inquiry into the Kabul Bank Crisis”, [ http://bit.ly/1rShJIY ] published today by Afghanistan’s Independent Joint Anti-Corruption Monitoring and Evaluation Committee (MEC) shows […]

Afghanistan’s new leader is resuming the investigation into a banking fraud said to be one of the world’s largest. Ashraf Ghani said reopening the Kabul Bank inquiry was the first step in a fight against corruption. The bank collapsed in 2010 after losing almost $1bn (£600m), mostly deposited by international donors. Many of the bank’s […]