KABUL - Chief executive of New Kabul Bank (KB) Massoud Mossa Ghazi was sentenced on Thursday to three year's prison for helping an illegal money transfer to the former chairman of Kabul Bank Sherkhan Farnood.

The Kabul Bank special tribunal found Ghazi guilty of aiding the transfer of $5.8 million to a bank account of Farnood in Dubai on the night he was appointed CEO of New Kabul Bank in 2010.

The special court said that prosecution of court's decision will be the responsibility of the Attorney General.

"Mossa Ghazi is sentenced to three-years prison and fined $5 million. The court has sent out the warrant but the attorney general should prosecute and imprison him," special court chief Shamsurrahman Shams said Thursday.

Mossa Ghazi has rejected the decision saying that the money transferred before he was named CEO of the government rescued Kabul Bank and said the money went to Farnood's account in Commerzbank of Dubai.

"The money were transferred the day before I was selected as chief between 6am and 10am into Sherkhan Farnood's account, so I don't have responsibility. There are documents at hand. The court decision is unfair," Ghazi said.

The special court decision comes two days after Farnood and former Kabul Bank chief executive Khalil Ferozi were sentenced to five-year prison terms for their part in the bank's near-collapse in 2010.

Another 19 former bank employees were all handed sentences of six month to five-year prison terms. (Tolo News)