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World Series of Poker Bracelet Winner’s Assets Frozen

Former Chairman of Kabulbank, Sherkhan Farnood, Has Assets Frozen Amid Allegations of Corruption at Afghan Bank


Sherkhan FarnoodWorld Series of Poker Europe bracelet winner, Sherkhan Farnood, has had his assets frozen by the Afghan Central Bank amid allegations of corruption involving overseas property deals according to Reuters newsagency.

Farnood, who was until his resignation last week the Chairman of Kabulbank in Afghanistan, won his WSOPE bracelet in the £2,500 H.O.R.S.E. event in London in 2008 and was runner up in the $1,500 pot-limit Omaha with rebuys in Las Vegas in 2006.

His assets, along with those of chief executive officer Khalilullah Fruzi, have been frozen pending an inquiry into affair which centers on $160 million worth of property investments in Dubai property, including 16 properties on the Palm Jumeirah and two plots of land in Business Bay.

The affair has sparked a run on Kabulbank and the violent clashes between customers, state workers, and police.