.More Saudi currency going to Afghanistan
KABUL, Afghanistan, May 31 (UPI) -- More than $1 billion in Saudi Arabian currency has been sent to Afghanistan in the past four years, likely to support terrorism, investigators say.
The Times in London quoted members of FinTraca, the Afghan intelligence unit, saying the funds had gone through Pakistan, where they were converted in rupees or dollars.
"We can trace it back as far as an entry point in Waziristan," said Mohammed Mustafa Massoudi, director-general of FinTraca in Kabul. "Why would anyone want to put such money into Waziristan? Only one reason -- terrorism."
The flow of cash from Saudi Arabia to Afghanistan has been on the increase and reached the highest rate this year since FinTraca was established in 2006 with U.S. and British help.
Saudi Arabia is an ally in the war on terror, but a U.S. government report last year found private Saudi supporters were the leading source of financing for the Taliban, The Times said.
Most the cash enters Afghanistan through al-Qaida-dominated territory the Pakistani tribal area, FinTraca said.
Afghan authorities say insurgents must renounce al-Qaida ties before they will be allowed to become involved in the political process.
UPI
Maybe O can bow lower to the king and make it all better
The Times in London quoted members of FinTraca, the Afghan intelligence unit, saying the funds had gone through Pakistan, where they were converted in rupees or dollars.
"We can trace it back as far as an entry point in Waziristan," said Mohammed Mustafa Massoudi, director-general of FinTraca in Kabul. "Why would anyone want to put such money into Waziristan? Only one reason -- terrorism."
The flow of cash from Saudi Arabia to Afghanistan has been on the increase and reached the highest rate this year since FinTraca was established in 2006 with U.S. and British help.
Saudi Arabia is an ally in the war on terror, but a U.S. government report last year found private Saudi supporters were the leading source of financing for the Taliban, The Times said.
Most the cash enters Afghanistan through al-Qaida-dominated territory the Pakistani tribal area, FinTraca said.
Afghan authorities say insurgents must renounce al-Qaida ties before they will be allowed to become involved in the political process.
UPI
Maybe O can bow lower to the king and make it all better
posted by madtom at 5:58 PM
1 Comments:
Saudi money may also be funding heroin production and distribution. The amount of Saudi money coming in would correlate with the rise in poppy production often done by the afghan equivalent of share croppers
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