Afghan Biographies
Pashtany Bank
Name | Pashtany Bank |
Ethnic backgr. | |
Date of birth | |
Function/Grade | Background |
History and Biodata | The Ministry of Finance officials have confirmed the New Kabul Bank is set to be merged with the Bank Mili Afghanistan and Pashtany Bank. According to officials, preliminary work has been done to merge the three banks, and work is underway on its technical and legal aspects. Shamrooz Khan Masjidi, spokesman for the Ministry of Finance, said NKB with the BMA and Pashtany Bank is one of the commitments of the Afghan government with the International Monetary Fund.(20200820)
Board of Management
Gul Maqsood Sabit, President & Chief Executive Officer
Biodata Gul Maqsood Sabit He got his Bachelor of Science in Business Administration (Accounting) in 1999 from Berea College of Kentucky, USA. He earned his master degree in Public Administration (Management and Finance) in 2006 from California State University, East Bay in Hayward, California, USA. Sabit’s extensive work experience includes work as accountant at CitiBank in San Francisco of California, accountant at California Federal Bank, Business Manager at La Honda-Pescadero Unified School District of California, USA.
Deputy Chief Finance Officer Adeeb Shamal son of M.Zia was born in 1976 in Kabul. Mr.Adeeb completed primary and secondary education in Naderia Hight School. He got his Bachelor in2007 in university of Kabul . Adeeb Shamal worked in different organization and different department of Afghan Meli Bank.
He communality in 2006 in international program in banking and finance seminar in India and als in 2011 communality in openness and financial risk control for developing seminar in Chins.He resaved certificate and had more success during his work in Afghan Meli Bank.
Background: Officials of Pashtany Bank (state bank) Pashtani Bank claimed that some people have withdrawn millions of dollars from the bank through fake documents and checks, putting the bank’s future in jeopardy.(20111102). Some 32 commercial companies managed to receive US$ 38 million in loan from the Pashtany Bank by providing fake documents. It is said that the High Office of Oversight and Anti-Corruption was investigating into the case, but a high-level Government official has ordered it to stop its enquiry.(20120131) Former Afghan Central Bank Governor Fitrat and Finance Minister Zakhilwal early had expressed concern to US Embassy officers about the health and activities of Pashtany Bank. (20090831) They were both eager to remove Pashtany Bank President Hayat Dayani from office. Over a few months in 2009 the Central Bank has privately accused Pashtany Bank of corruption, improper loans, and general mismanagement as part of their onsite examination process. After the Presidential Elections in 2009 Hayatullah Dayani was removed as Pashtany Bank's President. The Attorney General's Office (AGO) has arrested 13 people, including former chief of the state-run Pashtani Bank, on the charge of embezzling government funds worth $35 million (1.7 billion afghanis), an official said 20120311. Those detained included Hayatullah Diani, the bank’s former chief, and several officials of the Urban Development Ministry. Under the pretext of development projects, $35 million were loaned to 70 construction companies, which were neither registered with the Ministry of Finance, nor with the Afghanistan Investment Support Agency (AISA). Land documents submitted by firm owners as guarantee for the loans were faked. The scam surfaced after a Ministry of Finance team launched a probe into the bank’s $132 million deposits. The team disclosed 13 names involved in the scam to the AGO after completing their investigation.
Currently imprisoned in Pul-e-Charkhi, former Chief of the Pashtanay Bank Hayatullah Dayani demands assistance and cooperation in arresting the individuals involved in the embezzlement of the loans.(20130210) |
Last Modified | 2020-08-20 |
Established | 2011-11-02 |