Home / Latest Updates / AGO freezes assets of 155 defaulters of Kabul Bank, puts their names on ECL

AGO freezes assets of 155 defaulters of Kabul Bank, puts their names on ECL

AT Monitoring Desk-KABUL: In a bid to recover the lost money of Kabul Bank, the Attorney General Office (AGO) issued travel ban against 155 defaulters of the bank and frozen their assets.

Their names were put on exit control list (ECL) after the President Ashraf Ghani’s deadline for defaulters of the bank expired. The president had said that the defaulters will be introduced to the AGO and will face travel ban, if failed to pay the loans.

Basir Azizi, spokesman for the AGO, said they have issued travel ban against 155 defaulters of Kabul Bank. “We have assigned municipalities of all cities to put their properties into auction,” he added.

Azizi said that Gul Bahar Habibi, Mohammad Ismail Ghazanfar, Hasin Fahim and Mahmoud Karzai have pledged to pay their loans in several installments.

Ruqya Nayel, a member of the financial and budget committee of Wolesi Jirga, told Azadi Radio that the president has failed the resolve Kabul Bank issue, for some power lords and government officials are involved in looting money of the bank and the judicial system of the country is corrupt.

About admin

Check Also

‘Afghanistan facing an imposed war’

Taliban are in regular contacts with other terrorist groups for arms dealing and even borrowing …

Leave a Reply