Due to a lack of compliance by 2 offices responsible for sending aid to Afghanistan, the United States may have mistakenly funded the Taliban. The sums at stake amount to $293 million. What do we know?
Due to lack of compliance, US may have mistakenly funded Taliban
Although the United States has been out of Afghanistan for 3 years now, financial aid continues to flow into the country to support the local population in the face of the Taliban regime. Indeed, according to the latest quarterly report from the Special Inspector General for Afghanistan Reconstruction (SIGAR), the amount of this aid could amount to more than $20.7 billion since 2021.
Nevertheless, the destination of some of these funds remains uncertainAnd for good reason, the report indicates that over a period from March to November 2022, 2 of the 5 State Department offices responsible for issuing these grants were not able to provide certain documents.
In fact, SIGAR considers that the said offices “failed to comply with federal record retention requirements“, no longer being able to prove the conformity of the subsidies paid.
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In total, So that's $293 million.which could have mistakenly benefited the Taliban:
In total, the State Department failed to demonstrate compliance with partner verification requirements for grants that disbursed at least $293 million in Afghanistan. The risk that the Taliban will benefit from U.S. taxpayer funds and divert money to terrorist groups underscores the importance of the State Department meeting its own verification and recordkeeping requirements.
Of course, this amount must be viewed with caution, as it is uncertain whether some or all of it benefited the Taliban. Nevertheless, The State Department has indeed acknowledged the non-compliance of two of its officesFor one of them, employee turnover is used as a pretext, while no explanation has been provided for the second.
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If the conditional remains in place, the situation is no less ironic, given the criticism suffered by the cryptocurrency ecosystem for supposed financing of terrorism.
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Source: SIGAR
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Since 2021, I have devoted my free time to seriously training myself on cryptocurrencies in order to acquire as much knowledge and credibility as possible. I often have the opportunity to conduct interviews with influential figures in the blockchain industry. I also conduct in-depth analyses on Web3 themes to offer exclusive content to Cryptoast readers.
Vincent Maire
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