Ashraf Ghani

Tolo News: After mounting criticism of government over a controversial housing scheme project, President Ashraf Ghani on Saturday issued a decree invalidating the contract recently signed with a bankrupt debtor of Kabul Bank. Khalilullah Frozi – one of the main factors behind the embezzlement of Kabul Bank’s over $900 million USD – was freed from prison on Wednesday to inaugurate the “Smart City Township” project he signed with the Ministry of Urban Development. At the inaugural ceremony of the project worth $900 million USD, the government officials said the program was aimed at helping the debtors to become able to repay their obligations. However after serious pressures on the government, Ghani eventually decreed the cancellation of the contract. Click here to read more (external link).