Afghan War Booty Moves to Dubai, the Oil of Kabul………….

“US Cuts Aid After Millions Siphoned Off to Dubai. Billions of dollars are being secreted out of Kabul to help well-connected Afghans buy luxury villas in Dubai. Amid concerns that the money could be the result of corruption, American politicians have temporarily cut off aid to the Afghan government….. Jabarkhel is referring to the huge amounts of money regularly being secreted out of Afghanistan by plane in boxes and suitcases. According to some estimates, since 2007, at least $3 billion (€2.4 billion) in cash has left the country in this way. The preferred destination for these funds is Dubai, the tax haven in the Persian Gulf. And, given the fact that Afghanistan's total GDP amounts to the equivalent of $13.5 billion, there is no way that the funds involved in this exodus are merely the proceeds of legal business transactions. Jabarkhel complains that all of his many attempts to stop this hemorrhaging have failed. "The central bank has reached an agreement with the government that makes these kinds of transfers supposedly legal," he says. "And whenever we try to look into where the money is coming from, pressure comes from the very top." Since invading Afghanistan in 2001, the United States alone has invested almost $300 billion in military and reconstruction efforts there…………..” Der Spiegel
Cheers
mhg
Mon Email




Comments