KABUL (Reuters) - An Afghan court handed down jail time on Tuesday to 16 of 22 men accused of involvement in a multi-million dollar bank fraud in sentences that will likely be seen as an affirmation of Afghanistan's commitment to fighting corruption.
The collapse of Kabulbank in 2010 triggered a financial crisis, civil disorder and a run on deposits, worrying foreign donors and embarrassing the U.S. and Afghan governments, which had touted its credentials as a modern lender integral to developing a tiny economy crippled by war and mismanagement.