Losses at Afghan Bank Could Be $900 Million
“Fraud and mismanagement at Afghanistan’s largest bank have resulted in potential losses of as much as $900 million — three times previous estimates — heightening concerns that the bank could collapse and trigger a broad financial panic in Afghanistan, according to American, European and Afghan officials.”
The missing $900 million and the zero-balance payroll for Afghan security forces, just might be the “Tunisian” type spark to engulf Karzai and Kabul.
And ...
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