Ex-Afghan Mining Executive Gets 4.5 Years For Fraud Plot Against US - Justice Dept.

WASHINGTON (UrduPoint News / Sputnik - 20th September, 2019) The former head of a marble mining company in Afghanistan has been jailed for four and a half years for a plot to defraud the US government of nearly $16 million, the Department of Justice said in a press release.

"The former owner of a marble mining company in Afghanistan was sentenced to 54 months in prison...

for his role in a scheme to defraud the Overseas Private Investment Corporation (OPIC), a US government agency, which led to the default on a $15.8 million loan," the release said on Thursday.

Azam Doost from Union City in California was also ordered to pay $8.9 million in forfeiture and separate restitution in the same amount, the Justice Department added.

Doost and his brother failed to repay any of the principal on the OPIC loan, and only a limited amount of interest, and ultimately defaulted on the loan, the Justice Department said.