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MEC not satisfied with Kabul Bank case verdict (video)

MEC not satisfied with Kabul Bank case verdict (video)

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On
Mar 18, 2013 - 11:21

KABUL (PAN): The Independent Joint Anti-Corruption Monitoring and Evaluation Committee (MEC) on Sunday slammed as unsatisfactory the judicial process of convictions in the Kabul Bank fraud case.

The MEC also criticised the government’s failure to take effective measures to recover the money it had injected into the ailing bank to improve its financial health and credibility.

The bank ran into a major crisis in 2010 when nearly $900 million were siphoned out by several top officials. Later, part of the bank was handed over to the Ministry of Finance. By: Ataullah khpulwok

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