8am: According to a source, the TAPI project was not implemented in Afghanistan due to Ajmal Ahmadi’s intervention. “Ajmal Ahmadi was the son-in-law of Mohammad Ashraf Ghani, and Ghani believed that Ahmadi was an economic genius,” said the former official at the Afghan embassy in Ashgabat. “He had monopolized the entire executive authority of the
Bloomberg: The Afghanistan economy was already in bad shape, with heavy reliance on foreign dollars, prior to the collapse of the government and the takeover by the Taliban. Since the fall, things have gotten even worse, with inflation accelerating and GDP plunging. There are multiple factors driving the leg lower, though the main one is
8am: Some former employees of Afghanistan’s Central Bank and the Ministry of Commerce and Industries have written an open letter to Harvard University officials, asking them to dismiss Ajmal Ahmadi, the former head of the Central Bank, from the university’s academic staff… Ajmal Ahmadi has been accused of constantly abusing his authority for personal gain
8am: The family of journalist Yama Siavash, assassinated in Kabul, has filed a lawsuit, calling on Harvard University to revoke the seat of Ajmal Ahmadi, the former director of Afghanistan’s central bank. He [Ahmadi] is the son-in-law of Ashraf Ghani’s brother. He has reportedly been accused of coercion, illegal recruitment and dismissal, and improper use
8am: Dawood Siawash the father of Yama Siawash today (Sunday, November 7) demanded the photos of the Central Bank cameras in the first year of his son’s assassination. Dawood Siawash also blamed ex-President Mohammad Ashraf Ghani and former Central Bank Governor Ajmal Ahmadi for not identifying his son’s murderer. Click here to read more (external
Tolo News: The Afghan parliament on Wednesday approved three ministers and rejected two ministerial nominees–for Ministry of Education and Rural Rehabilitation and Development– and also did not confirm the head of the Central Bank [Ajmal Ahmadi]. Click here to read more (external link).
Tolo News: A document seen by Tolo News suggests that Ajmal Ahmadi, the governor of the Central Bank of Afghanistan, has made dozens of new appointments over the recent months with special privileges offered to the candidates. The documents show that some of the newly appointed employees were paid more than 450,000 Afs under the
1TV: Criticism on Ahmadi mounted in recent days over reports that his salary was $500 per day at the time when he was an adviser to the ministry of finance. Ahmadi has also faced criticism over his meeting in the bank with a person convicted of embezzlement and also electricity outage for several hours in