Kabul Bank crisis draws attention to US role in Afghan corruption
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Also in Afghanistan, banking officials tried to restore calm after nearly a week of financial panic caused by uncertainty in Kabul Bank. Government officials said today that they are freezing the assets of some of the shareholders of the troubled Kabul Bank. In recent days, thousands of depositors lined up to withdrawal their money after news came out about mismanaged funds and the removal of two bank officials.
The lateset bank scandal involving executives with ties to the government raises questions about how corruption is connected to the US led war in Afghanistan. To explore this issue, we're joined by Paul Fitzgerald and Elizabeth Gould, authors of the book, Invisible History: Afghanistan's Untold Story. They began reporting in Afghanistan in 1981 when they were the first American journalists to go behind Soviet lines. Work has appeared on PBS, ABC Nightline and other outlets. A new book is expected out in February 2011, Crossing Zero: The Afpak War at the Turning Point of American Empire.
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