31st January 2011

The Great Afghan Bank Heist

Poring over stacks of documents, investigators at the American Embassy in Kabul have pinpointed dozens of instances in which Kabul Bank executives may have bribed Afghan officials, including a successful bid to hold the contract to process the salaries that the government pays its employees each month—approximately seventy-five million dollars. Access to the salaries would give bank officials an opportunity to earn millions of dollars in interest in the course of a single year.

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