http://www.commondreams.org/headline/2012/11/27-5
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Afghanistan's failed Kabul Bank was from its very beginning, "a well-concealed Ponzi scheme" that funneled almost $900 million into the pockets of a small number of the political elite, an independent auditors' report says.
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10 airline pilots were on the payroll, apparently to help smuggle vast sums of cash out of the country to Dubai via Kabul airport.
New details of the scale of fraud have been disclosed in a forensic audit of the bank, which needed a bail-out to survive when the wrongdoing emerged in 2010.
New details of the scale of fraud have been disclosed in a forensic audit of the bank, which needed a bail-out to survive when the wrongdoing emerged in 2010.