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AUB official gets 15 years in jail for fraud

AUB official gets 15 years in jail for fraud

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On
May 22, 2017 - 18:53

KABULinfo-icon (Pajhwok): The Anti-Corruption Justice Center (ACJC)’s primary court on Monday sentenced a senior Afghan United Bank (AUB) official to 15 years in jail and fined him more than $3 million over fraud charges.

Asadullah, AUB Nangarhar branch director general, was accused of misusing authority, embezzling $3 million and 700,000 afghanis and organizing fake documents.

Attorney Mohammad Painda Adeli presented Abdullah’s dossier before the primary court judge and claimed having evidence to prove charges against the banker.

Adeli said Asadullah, using his power as director general, had misused cash deposited by two companies.

Asadullah’s lawyer rejected fraud allegations against his client who he said had borrowed money from Javed Jaihoon, one of shareholders of the bank.

The accused also rejected the allegations and said he had borrowed money from Jaihoon and would return back the amount to him. “I have never committed embezzlement”, he said.

After hearing arguments from both the sides, Judge Sher Aqa Munib sentenced Asadullah to 15 years and three months in jail over fraud and fake documentation.

The judge elaborated the decision was not final and the convict could move the higher court.

nh/ma

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