If you pay taxes to the US government you are helping to fund a corrupt government where the relatives of top officials are getting hundreds of millions of dollars fleecing a bank.
What Kroll’s audit found is that on Aug. 31, 2010, the day the Bank of Afghanistan seized Kabul Bank, more than 92 percent of the lender’s loan portfolio — $861 million, or roughly 5 percent of Afghanistan’s annual economic output at the time — had gone to 19 related people and companies, according to the audit.
Is it any wonder the Taliban enjoys considerable support even as US soldiers get killed and injured so these guys can stay in power?
In a society with high rates of consanguineous marriage of course the relatives make out like bandits.
Among the largest beneficiaries were a brother of Mr. Karzai and a brother of First Vice President Muhammad Qasim Fahim who each owned stakes in the bank that had been bought with loans from the bank, according to the audit and regulatory officials.
But Hamid Karzai was such an exotic dresser years ago right after he got into power and came to visit Congress. Sure fooled shallow folks.
Meanwhile, Islamist Turkish Prime Minister Tayyip Erdogan is negotiating to set up a Taliban diplomatic office in Turkey.
|Share |||By Randall Parker at 2012 December 23 06:10 PM|