Billions of US aid money to Afghanistan untraced due to mismanagement: US audit
Washington, July 21 (ANI): The failure of both Afghan and US agencies to tighten control over Afghanistan's financial sector has stymied efforts to track billions of aid dollars poured into Afghanistan's economy in the past decade, auditors have revealed. According to Afghan officials and a new US government audit released by the Special Inspector General for Afghanistan Reconstruction, pointed out that a lack of US coordination compounded by Afghan foot-dragging has prevented the efforts to track billions given to Afghanistan for aid and reconstruction efforts.
The report focused on fumbled efforts to monitor large amounts of cash moved through the country's main commercial airport, the Wall Street Journal reports."Because of the level of corruption in Afghanistan and the continuing insurgency, the US government's lack of visibility over its funds is a significant concern," the audit stated. "Reports of as much as 10 million dollars a day in cash leaving the Kabul International Airport have added to these concerns," it added. The US has appropriated over 70 billion dollars for aid projects in Afghanistan.CONTINUE