Wednesday, July 29, 2009, Sha'aban 06, 1430 A.H  
   HOME
   News in English
   News in Urdu
   Program Profiles
   GEO TV
   GEO UK
   GEO USA
   GEO ME
   GEO CANADA
   GEO EUROPE
   GEO JAPAN
   GEO SUPER
   AAG TV
   Corporate Profile
   Tariff
   News Archive
   Contact Us
   FAQ
   Feedback
   GEO CHAT
   GEO SKINS
   GEO RINGTONES
   GEO NewsAlert
   GEO Wallpapers
   Transcripts of Program
   Team GEO
 
 
 GEO World
 US to probe fund flows to Afghan insurgents
 Updated at: 2138 PST,  Tuesday, July 28, 2009
US to probe fund flows to Afghan insurgents BRUSSELS: The United States is setting up a task force to investigate how money is reaching insurgents in Afghanistan, much of it from within the Gulf states, a US regional envoy said Tuesday.

"This is a huge problem, and we are forming up a task force to work on this in which Treasury (Department) will take the lead," US Ambassador Richard Holbrooke told reporters at NATO headquarters in Brussels.

He said the Pentagon, the US Federal Bureau of Investigation (FBI) and other "relevant agencies" would be involved.

While he would not mention any figures, Holbrooke said: "More money is coming from the Gulf than is coming from the drug trade to the Taliban."

NATO and US forces are battling Taliban and Al-Qaeda fighters and their backers in Afghanistan, with substantial income from the illicit opium trade being used to finance their insurgency.

Holbrooke said the money "is coming in from sympathisers all over the world, with the bulk of it appearing to come from the Gulf", although he said there was no evidence that governments were bankrolling the efforts.

"There are a lot of ways that money flows. People carry it in suitcases," he said, after talks here with NATO, EU and Belgian government officials. "Money is probably coming from sympathisers in western Europe as well."

"It's such a daunting issue," he added.

Holbrooke said he believed the fundamentalist Taliban movement was using drug money to fund fighting in the so-called Pashtun belt, but that the wider insurgency effort was being financed from outside.
Back     |    Send this story to friend    
 
Share this story!   
 
» GEO Pakistan
Provinces should get due share in NFC Award: Qaim
Pak not to join maritime arms race: Admiral
Oil prices subdued
Challan produced against accused rapists
NWA suicide attack kills two security men
   
» GEO World
Kung Fu festival honours Bruce Lee
Megawati challenges Indonesia vote result
J&K CM Omar’s resignation accepted
Omar Abdullah resigns over sex scandal allegations
Omar Abdullah threatens to quit over sex scandal
   
» GEO Business
Load shedding in industrial areas ends: KESC
India's central bank keeps rates unchanged
Rental plants to push oil import to 60pc
Bears push 100-index below 7000-point level
Cotton price at Rs3350/maund down Rs50
   
» GEO Sports
Pakistan’s participation doubtful in World Junior Canoeing
Armstrong hits back at Contador criticism
Manchester United reaches Munich for Audi Cup
Windies elect to bat vs Bangladesh in 2nd ODI
WI and BD face each other in 2nd ODI today
   
 
Copyright © GEO TV. All rights reserved.