Sunday, July 11, 2010

Billions in Cash Shipped out of Afghanistan

More than $3 billion in cash has been openly flown out of Kabul International Airport in the past three years, a sum so large that U.S. investigators believe top Afghan officials and their associates are sending billions of diverted U.S. aid and logistics dollars and drug money to financial safe havens abroad.

The cash—packed into suitcases, piled onto pallets and loaded into airplanes—is declared and legal to move. But U.S. and Afghan officials say they are targeting the flows in major anticorruption and drug trafficking investigations because of their size relative to Afghanistan's small economy and the murkiness of their origins.

Officials believe some of the cash, if not most, is siphoned from Western aid projects and U.S., European and NATO contracts to provide security, supplies and reconstruction work for coalition forces in Afghanistan. The North Atlantic Treaty Organization spent about $14 billion here last year alone. Profits reaped from the opium trade are also a part of the money flow, as is cash earned by the Taliban from drugs and extortion, officials say.

The amount declared as it leaves the airport is vast in a nation where the gross domestic product last year totaled $13.5 billion. More declared cash flies out of Kabul each year than the Afghan government collects in tax and customs revenue nationwide. "It's not like they grow money on trees here," said a U.S. official investigating corruption and Taliban financing. "A lot of this looks like our tax dollars being stolen. And opium, of course."

Most of the funds passing through the airport are being moved by often-secretive outfits called "hawalas," private money transfer businesses with roots in the Muslim world stretching back centuries, officials say.

The officials believe hawala customers who have sent millions of dollars of their money abroad include high-ranking officials and their associates in President Hamid Karzai's administration, including Vice President Mohammed Fahim, and one of the president's brothers, Mahmood Karzai, an influential businessmen.

Where they allegedly get the money is one of the questions under investigation.

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1 comment:

  1. Anonymous1:58 PM

    Tell me, where in the world is there not any corruption. Man's soul has been severely compromised by greed and the lust thereof. Many pastors that I've been listening to for years and who're not "on the take" nor referred to as "prosperity preachers" have requested that 100K's of people pray for the USA to get her back on track primarily in GOD's favor. I have joined them in their request to pray daily for America. If America is damaged then it will indeed affect in a multitude of negative ways the rest of the world. The world depends on America. Pray.

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