KABUL (SW) – The Attorney General Office on Sunday clarified Khalilullah Ferozi, one of the former shareholders charged for the Kabul Bank collapse, has been moved from prison to custody at home in line with proper legal procedures.
The AGO spokesman, Jamshed Rasuli told a press conference that Ferozi is seriously ill, and the legal commission of health officials recommended his transfer to custody at home. He said there were concerns that Rasuli might meet the same fate as former Kabul Bank chairman Sherkhan Farnood who died in custody.
Rasuli said Ferozi has been moved to home for a short-term and based on conditions that he would continue to repay the fine imposed on him otherwise he would be moved back to prison. The AGO spokesman said similar waiver was provided to 17 other prisoners in the past two years based on health grounds.
He added Ferozi would remain under the watchful eye of the NDS and Kabul Bank Commission.
A presidential election candidate, Rehmatullah Nabil, has said that Ferozi has paid $ 30 million to President Ashraf Ghani for his election campaign. He said this in a social media post.
Former Kabul Bank chairman Sherkhan Farnood, and the bank's CEO Khalilullah Ferozi, were jailed for five years in 2013. They appealed but were each sentenced to five years for money laundering and 10 for embezzlement.
The losses at Kabul Bank amounted to about 5% of the country's economy. Most of the money is yet to be recovered.
It was one of the world's biggest banking scandals, involving a brother of the former president, Hamid Karzai, the BBC reported.
The bank handled payroll for government employees like teachers and policemen, but had to be bailed out by international donors when the scale of the losses emerged.