June 28, 2010
KABUL (AFP) - More than three billion dollars in cash has been flown out of Kabul in recent years amid fears that ill-gotten gains from corruption and narcotics are being stashed overseas, a report said Monday.
The Wall Street Journal said the cash -- more than the Afghan government collects in tax and customs revenue annually -- is legally declared and packed into suitcases or cargo pallets on flights out of Kabul International Airport.
"A lot of this looks like our tax dollars being stolen. And opium, of course," a US official who is investigating corruption and Taliban financing told the newspaper.Investigators believe some of the cash comes from Western-funded aid projects and US, European and NATO contracts to provide security and reconstruction work for coalition forces in Afghanistan.
http://au.news.yahoo.com/thewest/a/-/world/7477619/graft-fears-as-massive-cash-sums-fly-out-of-kabul-wsj/ Aid cash feared lost as £2bn is flown out of Afghanistan
More than £2bn of cash has been openly flown out of Kabul airport since 2007, raising fears huge sums of British and American aid are being creamed off by corrupt officials. 28 Jun 2010
The sum hemorrhaging from one of the poorest countries in the world has led officials to believe the money is from plundered Western aid projects and security or reconstruction contracts, it has been reported.
Proceeds from the country's rampant opium and heroin businesses also account for part of the sum, which is more than the Afghan government's entire tax revenue.
The money is packed in suitcases or even stacked on pallets and flown mainly to Dubai.
Customs records for legally declared money leaving the airport showed £2.1 billion left between since the start of 2007 and the end of February 2010.
http://www.telegraph.co.uk/news/worldnews/asia/afghanistan/7859275/Aid-cash-feared-lost-as-2bn-is-flown-out-of-Afghanistan.htmlMeanwhile the Cat Food Commission muddles over austerity measures for Social Security here at home.<a href="http://media.photobucket.com/image/entitlements al simpson/Paul_H_Rosenberg/9-12-08bud-f1.jpg?o=1" target="_blank"><img src="
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Heck it looks like we could reduce the deficit more effectively by aggressively rolling back the Bush tax cuts, and by significantly cutting defense spending rather than by going after entitlements. Why we are throwing trillions of dollars away in Afghanistan while undermining Social Security for the seniors here at home. It makes no sense at all.