Kabul Bank fraud: Sherkhan Farnood and Khalilullah Ferozi jailed
Two former chiefs of Afghanistan's Kabul Bank have been sentenced to five years in jail for the multi-million dollar fraud that almost led to its collapse in 2010.
Founder Sherkhan Farnood and ex-CEO Khalilullah Ferozi were found guilty of theft at a special court.
Revelations of massive corruption led to a run on the bank in 2010.
Foreign donors bailed it out fearing its failure could lead to the collapse of Afghanistan's fragile economy.
Quentin Somerville reports.
05 Mar 2013
- From the section Middle East