Saturday, August 21, 2010

Cutting The Flow Of Money Out Of Afghanistan


U.S., Afghanistan Plan To Screen Cash At Kabul Airport To Prevent Corruption -- Washington Post

Alarmed by an exodus of money from Afghanistan, U.S. and Afghan authorities are trying to constrict a flow of cash through the country's main airport, believed to be a major conduit for drug proceeds and diverted foreign aid.

The plan, part of an effort to monitor an outflow of money thought to exceed $1 billion a year, centers on the installation of U.S.-developed currency counters at the Kabul airport. The devices would be used to record serial numbers on bills to determine whether money being carried out of the country has been siphoned from aid funds flowing in, U.S. and Afghan officials said.

Read more ....

My Comment: This is long over due .... very long over due.

No comments: