The governor of Afghanistan’s central bank said the scandal that saw almost $1 billion embezzled from the Kabul Bank by senior shareholders has been resolved.
More than $330 million has been recovered, and $500-600 million worth of assets have been identified, Noorullah Delawari said on Wednesday.
The Kabul Bank collapsed in 2010 and was placed in receivership after major shareholders, including relatives of senior politicians such as the former President and Vice-President, were accused to using it to fund lavish lifestyles.
