Abdul Qadeer Fitrat’s New Book “The Tragedy of Kabul Bank” is a Magnanimous Story of Corruption Caused by a Capitalist Group that Led to Afghanistan’s Economic Struggle

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Recent release “The Tragedy of Kabul Bank”, from Page Publishing author Abdul Qadeer Fitrat, is a pivotal account about the fraudulent and deceiving circumstances resulting in the compromising of operations in the largest bank run the country has ever seen.

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Abdul Qadeer Fitrat, a former consultant economist with the International Monetary Fund, advisor to the executive director at the World Bank, first deputy governor and governor of the Central bank of Afghanistan, has completed his new book “The Tragedy of Kabul Bank”, a profound exposé on Afghanistan’s massive loss in their economy due to corruption, and the lack of spine within the justice system that failed to prosecute the perpetrators behind the massive fraud.

Author Fitrat unveils the convoluted world of business and politics intoxicated with greed and covetousness for wealth and power: “The article was titled 'Kabul Bank’s Sherkhan Farnood Feeds Crony Capitalism in Afghanistan' and was written by Andrew Higgins, a prominent Washington Post reporter and journalist who was probably the first person to report and document a large number of properties purchased by owners and shareholders of Kabul Bank with public deposit funds outside the geographical boundaries of Afghanistan. In this article, Sherkhan Farnood, the founder and then chairman of Kabul Bank, publicly acknowledged that he bought a large number of properties under his own name to benefit politically connected individuals who did not want to buy properties under their own names.”

Published by New York City-based Page Publishing, Abdul Qadeer Fitrat’s true delineation also reveals the author’s struggle with his safety following the scandalous events that nearly caused Afghanistan’s economy to tip over. With the failure to bring justice against the alleged perpetrators, the infamous blunder of Kabul Bank had indeed brought discontentment for both the international and local people alike.

Readers who wish to experience this thought-provoking exposition can purchase “The Tragedy of Kabul Bank” at bookstores everywhere, or online at the Apple iTunes store, Amazon, Google Play, or Barnes and Noble.

For additional information or media inquiries, contact Page Publishing at 866-315-2708.

About Page Publishing:

Page Publishing is a traditional New York based full-service publishing house that handles all of the intricacies involved in publishing its authors’ books, including distribution in the world’s largest retail outlets and royalty generation. Page Publishing knows that authors need to be free to create – not bogged down with complicated business issues like eBook conversion, establishing wholesale accounts, insurance, shipping, taxes and the like. Its roster of authors can leave behind these tedious, complex and time-consuming issues, and focus on their passion: writing and creating. Learn more at http://www.pagepublishing.com.

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Nichole Hoffman
Page Publishing
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