Update on Kabul Bank Scandal. It appears that common sense is prevailing - President Ghani has negated the land development agreement between 'bank swindler' Khalilullah Frozi (convicted and sentenced to 15 years) and the Ministry of Urban Development (MUD) for the creation of a "Smart City Township" in Kabul. One really has to wonder where the MUD was coming from - is
corruption so ingrained in the Afghan government that MUD thought this was a good idea? Ummm, yes, it its. Read more in
"Afghan President Calls off Business Deal With Banker Convicted of Fraud",
The New York Times, November 7, 2015.
"King of Corruption" Launches Hamid Karzai Foundation. Because he didn't steal enough money already - you can never have two many villas in Dubai - former President Karzai has founded a welfare foundation to assist youth in the education sector and provide more opportunities both in the country and abroad. Read more in
"Hamid Karzai Foundation Launched",
Khaama Press, November 7, 2015.
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