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US Treasury agents banned from Afghan bank
US Treasury agents banned from Afghan bank, not going back, conditions too 'hostile'
By PAULINE JELINEK Associated Press , The Associated Press - WASHINGTON
A new report says Afghanistan President Hamid Karzai has banned U.S. Treasury officials from the country's central bank, hampering work to fight money laundering and the flow of money to insurgents.
It says the president's move is among a number of ways in which his government is failing to cooperate with international efforts to improve the country's financial sector. And it raises a new alarm over the banking scandal that's left Afghanistan in financial crisis.
The report Wednesday by acting Special Inspector General for Afghanistan Reconstruction Herbert Richardson says Afghan banks and the U.S. should record the serial numbers of the huge bundles of cash that have been flowing into the country as part of a $70 billion American effort since 2002 to improve security and development there.
By PAULINE JELINEK Associated Press , The Associated Press - WASHINGTON
A new report says Afghanistan President Hamid Karzai has banned U.S. Treasury officials from the country's central bank, hampering work to fight money laundering and the flow of money to insurgents.
It says the president's move is among a number of ways in which his government is failing to cooperate with international efforts to improve the country's financial sector. And it raises a new alarm over the banking scandal that's left Afghanistan in financial crisis.
The report Wednesday by acting Special Inspector General for Afghanistan Reconstruction Herbert Richardson says Afghan banks and the U.S. should record the serial numbers of the huge bundles of cash that have been flowing into the country as part of a $70 billion American effort since 2002 to improve security and development there.