Tuesday, July 05, 2011

Crooks of US occupation

"The bank scandal — centering on Kabul Bank's inability to account for nearly $900 million in funds, some of it loaned to members of Karzai's inner circle — might be farcical if not for the seriousness of its repercussions. A loss of international and investor confidence in the banking sector could prove catastrophic to the country's nascent financial system. And investigators have hinted that another major bank is in trouble.  The first high-level detentions in the Kabul Bank debacle came just last week, and even then the two former top executives were held only briefly and not formally charged.  The head of the central bank, which took over Kabul Bank after its near collapse, fled last week to the United States. Abdul Qadir Fitrat said he feared for his life because of attempts to bring key figures to account, including associates of the president. A Karzai spokesman accused him of treason."