Guards beat customers at crisis-hit Afghan bank
KABUL (Reuters) – Afghan security forces used batons on unruly customers scrambling to withdraw their savings on Wednesday from a branch of the graft-hit Kabulbank, the country’s biggest private financial institution.
Kabulbank’s troubles have threatened to add a financial crisis to Afghanistan’s other woes, with military and civilian casualties at record levels as a Taliban-led insurgency grows and ahead of parliamentary elections on September 18.
Officers from the National Security Directorate struggled to maintain control of up to 200 people outside one branch in the capital as desperate customers tried to take out money ahead of a three-day Muslim holiday.
The crisis developed after the company’s top two directors resigned amid unproven media allegations of corruption.
Corruption is a common complaint among ordinary Afghans and Washington fears graft is boosting the insurgency and complicating efforts to strengthen government control so foreign troops can hand over to Afghan security forces — whose salaries are paid through Kabulbank. Continue news.yahoo.com/s/nm/us_afghanistan_bank_queues;_ylt=AlEn0DqPm9sElLEEuByYSPtH2ocA;_ylu=X3oDMTM4Z2VwbDIzBGFzc2V0Ay9zL25tL3VzX2FmZ2hhbmlzdGFuX2JhbmtfcXVldWVzBGNjb2RlA21wX2VjXzhfMTAEY3BvcwM1BHBvcwM1BHNlYwN5bl90b3Bfc3RvcmllcwRzbGsDZ3VhcmRzYmVhdGN1
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