Resignation of Afghan central banker puts Western governments on the spot

The resignation and flight to the US of Abdul Qadeer Fitrat, chairman of Afghanistan’s Central Bank, has been accompanied by a wide-ranging set of allegations from him about corruption being behind the near collapse of Kabul Bank. That it itself is not a surprise, as corruption was already widely suspected, but he has also claimed that corruption investigations had been deliberately blocked and that he feared for his own personal safety.

It is credible that he would have detailed knowledge of such matters, though Abdul Qadeer Fitrat has not provided evidence to substantiate them. Nonetheless, his credibility and high profile – not to mention the large sums of money involved (several hundred million dollars of loans are in the suspected fraud category) – means such allegations would normally prompt the international community to put the pressure on for a proper investigation.

However, the allegations swirl very close to President Hamid Karzai so there will be the temptation to turn a blind eye in order to preserve relations with him and the stability of the current government.

Turning a blind eye to corruption has in other countries consistently provided the political space for extremists to prosper by allowing them to claim that only they have clean hands. Let’s hope the same mistake is not made on this occasion.

Read more by or more about , or .
This entry was posted in News.
Advert

Post a Comment

Lib Dem Voice welcomes comments from everyone but we ask you to be polite, to be on topic and to be who you say you are. You can read our comments policy in full here. Please respect it and all readers of the site.

To have your photo next to your comment please signup your email address with Gravatar.

Your email is never published. Required fields are marked *

*
*
Please complete the name of this site, Liberal Democrat ...?

Advert

Recent Comments

  • Jennie
    He's Temu Starmer and I never expected him to be anything else...
  • Peter Davies
    "“the majority of voters support tightening eligibility conditions” i.e. means-testing." - Not necessarily. They may well support more stringent testing of ...
  • Peter Davies
    "The taper can’t be abolished, but there could be more than one taper, with it being higher on higher earnings." There is. Income tax and NI effectively incre...
  • expats
    Farage says "We didn't actually take any money so we haven't done anything wrong"..... If only Guy Fawkes could have used that excuse, "We didn't actually blow ...
  • Michael BG
    Peter Martin, ‘A GBI and UBI are both intrinsically means tested by the application of a steeper “taper”.’ A Guaranteed Basic Income is mea...