Wednesday, December 12, 2012

Afghans Fail in Money Laundering Fight

Afghan authorities have failed to implement basic anti-money laundering procedures mandated by the U.S., potentially allowing large quantities of untraceable cash to flow to terrorists and drug runners, according to a report released Tuesday by the Special Inspector General for Afghanistan Reconstruction (SIGAR).
Rampant money laundering remains a persistent and “deeply troubling” issue in Afghanistan despite U.S. attempts to trace the outflow of funds from Kabul International Airport (KBL), the country’s main hub, the report said.

Read more: http://freebeacon.com/afghans-fail-in-money-laundering-fight/

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