Daily Archives: June 28, 2010

$10 Million A Day Leaving Afghanistan

Corruption Suspected in Airlift of Billions in Cash From Kabul.  WSJ.

Ya think?!?!?

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 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.”

U.S. officials do not buy the innocent excuses provided by Aghan officials.  They have to work with these people though.

The U.S.-led initiatives carry significant risks: many of those believed by U.S. officials to be involved in shipping money out of the country are key Afghan power brokers who are important allies in the fight against the Taliban.

Diplomacy in play.  While someone else’s money is being hijacked out of sight.  Without a trail.