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Central Bank Confirms Money Smuggling To Iran

The outgoing governor of the Central Bank, Khalil Sediq, says that tens of thousands of dollars are smuggled from Afghanistan to Iran on a daily basis through the air and ground routes.

Talking to TOLOnews, Sediq said that money laundering is another illegal act which is affecting the country's currency market besides money smuggling to Iran.

“I do not reject money smuggling [out of Afghanistan’s borders]. How can we reject that money is not going out of the country’s borders while terrorists and weapons are sent into the country,” said Sediq.

Sediq said that big groups from inside and outside Afghanistan are involved in money laundering in the country through different channels.

“No one asked those who are driving SUVs, spend millions of dollars that where was the source of this money? The time will come when they will be asked and we will also be asked because they should be responsive to the people,” he said.

Critics said the transfer of illegal money from one country to another shows the “weakness” of the state-owned Central Bank to prevent the act.

“The government of Afghanistan has no control over illegal money,” said Ikram Afzali, the head of the Integrity Watch Afghanistan.

Business

Central Bank Confirms Money Smuggling To Iran

A Central Bank official says “big groups” are involved in money laundering in the country.

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The outgoing governor of the Central Bank, Khalil Sediq, says that tens of thousands of dollars are smuggled from Afghanistan to Iran on a daily basis through the air and ground routes.

Talking to TOLOnews, Sediq said that money laundering is another illegal act which is affecting the country's currency market besides money smuggling to Iran.

“I do not reject money smuggling [out of Afghanistan’s borders]. How can we reject that money is not going out of the country’s borders while terrorists and weapons are sent into the country,” said Sediq.

Sediq said that big groups from inside and outside Afghanistan are involved in money laundering in the country through different channels.

“No one asked those who are driving SUVs, spend millions of dollars that where was the source of this money? The time will come when they will be asked and we will also be asked because they should be responsive to the people,” he said.

Critics said the transfer of illegal money from one country to another shows the “weakness” of the state-owned Central Bank to prevent the act.

“The government of Afghanistan has no control over illegal money,” said Ikram Afzali, the head of the Integrity Watch Afghanistan.

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