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2021-10-30 Afghanistan
SIGAR Study of 60 Afghan Projects Shows 91% Waste
[ToloNews] The Special Inspector General for Afghanistan Reconstruction (SIGAR) says that 91 percent of aid provided to 60 audited projects had been wasted or misallocated.

"In 2021, SIGAR audited a sample of 60 US infrastructure projects in Afghanistan, and it found that $723.8 million, or 91 percent, had gone toward assets that were unused or abandoned, were not used as intended, had deteriorated, were destroyed, or some combination of the above," SIGAR said in a recent report.
Teaching canaries to ride bicycles, another equally challenging pursuit.
Economic experts said administrative corruption in the former government was the main reason for the waste of foreign countries’ investment in Afghanistan.

SIGAR said that the reconstruction projects were not properly completed.

"The projects supported by the international community’s aid were not completed properly. The projects were involved in corruption and these projects didn’t add to any permanent infrastructure," said Sayed Hakim Kamal, a political analyst. "The contracts for these projects were a mistake."

SIGAR has previously expressed concerns over the existence of high-level of corruption in the former Afghan government’s institutions.
Posted by trailing wife 2021-10-30 00:00|| || Front Page|| [12 views ]  Top

#1 We're losing money on every sale but we'll make up for it on volume!

FYI - the USG people running these projects are the same people who have never built anything but now are gonna build back better.....
Posted by Bangkok Billy 2021-10-30 07:09||   2021-10-30 07:09|| Front Page Top

#2 SIGAR has previously expressed concerns over the existence of high-level of corruption in the former Afghan government’s institutions.
Posted by Besoeker 2021-10-30 07:14||   2021-10-30 07:14|| Front Page Top

#3 ^^ Can I get a Surprise Meter endorsement??
Posted by Bangkok Billy 2021-10-30 07:41||   2021-10-30 07:41|| Front Page Top

#4 ^ Yep
Posted by Frank G 2021-10-30 07:53||   2021-10-30 07:53|| Front Page Top

#5 And means...What?
Posted by Sonny Black 2021-10-30 08:44||   2021-10-30 08:44|| Front Page Top

#6 means someone oughta snip their SIGARs
Posted by Merrick Ferret 2021-10-30 09:04||   2021-10-30 09:04|| Front Page Top

#7 wasted or misallocated.

Was that the bribes?
Posted by Skidmark 2021-10-30 10:13||   2021-10-30 10:13|| Front Page Top

#8 I knew an oil speculator fella years ago. He raised money for drilling expenses by selling 10% interest certificates. Problem was, he'd sell 25 to 30 certificates for each well. The certificates were usually verbal (a tax avoidance technique). Dry holes were his specialty.

Posted by Besoeker 2021-10-30 10:20||   2021-10-30 10:20|| Front Page Top

#9  Dry holes were his specialty.

Bill Clinton: "I see you've met Hillary" *wink*
Posted by Frank G 2021-10-30 10:46||   2021-10-30 10:46|| Front Page Top

#10 Bill Clinton: "I see you've met Hillary" *wink*

That's a winner! Also cringey
Posted by SteveS 2021-10-30 11:47||   2021-10-30 11:47|| Front Page Top

#11 SIGAR Study of 60 Afghan Projects Shows 91% Waste

That low?
Posted by Procopius2k 2021-10-30 11:57||   2021-10-30 11:57|| Front Page Top

#12 Counting the 10% for the big guy it comes to over 100%... Rounding error somewhere, I guess.
Posted by Glenmore 2021-10-30 12:16||   2021-10-30 12:16|| Front Page Top

#13 91 percent, had gone toward assets that were unused or abandoned, were not used as intended, had deteriorated, were destroyed, or some combination of the above

I'm honestly surprised that much actually made it to being spent on "assets". But I guess the seller of those "assets" were the intended recipients all along.
Posted by Rob Crawford 2021-10-30 19:08||   2021-10-30 19:08|| Front Page Top

08:53 Mercutio
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