Thursday 16 September 2010

Afghan central bank calls on UAE for help in freezing assets - The National Newspaper

The Afghanistan central bank is looking for help from the UAE in freezing assets related to properties former Kabul Bank officials bought in Dubai, the bank’s governor says.

The central bank took control of Kabul Bank on Tuesday to secure deposits held by Afghanistan’s largest private financial institution.

Customers have been nervous since Kabul Bank’s top two directors resigned late last month amid rumours of corruption.

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