"THE "blizzard of banknotes" leaving Kabul airport is worse than originally feared, The Scotsman has learned, with at least $4.2 billion (around £2.8 billion) exported in cash over the last three-and-a-half years.
- Congressmen in the United States voted to suspend $4bn in aid to the Afghan government last week, after media reports showed $3bn in cash has been flown out of the country since 2007.
US and British fraud investigators fear that most of the money leaving Kabul has been siphoned-off from international aid contracts, or made from the country's rapidly expanding opium trade.
- Documents seen by The Scotsman show that the Afghan Ministry of Finance puts the real figure at $4.2bn - at least $1.2 billion higher than previously feared.
"Our records show that $4.2bn has been transferred in cash through Kabul International Airport alone during the last three-and-a-half years," Afghanistan's finance minister, Dr Omar Zakhilwal, wrote in a letter
- to US Congresswoman Nita Lowey.
Ms. Lowey chairwoman of the aid appropriations sub-committee in Congress, has vowed not to send another dime to Afghanistan until she was confident "that US taxpayer money is not being abused to line the pockets of corrupt Afghan government officials, drug lords and terrorists".
- Dr Zakhilwal's letter acknowledges allegations that Afghan president Hamid Karzai's government is "assisting or partaking in this fraud" but the minister hits back by pointing out that most of the money America spends in Afghanistan circumvents the Afghan government.
"Only 20 per cent of aid in Afghanistan (5 per cent of the whole US government's assistance) is spent through the government budget.
- The rest is going to development and security projects outside our systems and outside our control," he wrote.
"In particular, while during the last three years $19.6bn of aid has been delivered to Afghanistan, (the Afghan] government has had full discretion and control only over $1bn."...
- An investigation titled "Warlords Inc" warned the military was inadvertently funding the insurgency through private security companies who pay-off local power brokers to drive supplies through their territory. It said a $2.16 billion logistics contract was fuelling "warlordism, extortion, and corruption."
Afghanistan relies on a cash economy and there is no limit to how much money can be exported, as long as it is declared to customs. Official records show most of the money that was declared leaving Kabul since 2007 formed part of the
- traditional Islamic hawala system, in transfers to Dubai. The often informal nature of the hawala contracts, based on trust, honour and lender's reputation, make the transactions almost impossible for financial investigators to track. "....
via MichaelSavage.com
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