$70 Billion Of U.S. Money Missing In Afghansistan; Could Be With Insurgents

Posted by | July 21, 2011 10:31 | Filed under: Top Stories

A new audit shows that we’ve not properly tracked money sent to Afghanistan and tens of billions of dollars are vulnerable to winding up in the hands of insurgents. The audit says both countries are to blame.

How bad is it? Afghan President Hamid Karzai has barred U.S. government advisers from the Afghan central bank, according to Treasury officials who called the bank a “hostile” environment. Nobody is writing down the serial numbers of the cash flying through customs at Kabul International Airport. And the U.S. is having trouble identifying financial crimes because Afghan officials are reluctant to prosecute.

“U.S. agencies have limited visibility over U.S. cash that enters the Afghan economy — leaving it vulnerable to fraud and diversion to the insurgency,” concluded the Office of Special Inspector General for Afghanistan Reconstruction, or SIGAR.

Afghanistan and the United States are finger-pointing in both directions.

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Copyright 2011 Liberaland
By: Alan

Alan Colmes is the publisher of Liberaland.

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