Security stepped up at Kabul Bank

[maddezmom]

Source: BBC

Armed police have been stationed outside the bank Armed police in pick-up trucks have been stationed outside the main branch of Kabul Bank as customers continue to withdraw money amid fears the Afghan bank may collapse.

Barbed wire has also been placed across the road to hold back the crowds.

The run on the bank began earlier this week after allegations of corruption and mismanagement, although officials have maintained the bank will not fail.

Meanwhile the US Treasury has denied it is preparing to bail out the bank.

"While we are providing technical assistance to the Afghan government, no American taxpayer funds will be used to support Kabul Bank," Deputy Treasury Secretary Neal Wolin said.



Read more: http://www.bbc.co.uk/news/business-11191298

[Earth_First]

1. "Meanwhile the US Treasury has denied it is preparing to bail out the bank."

:rofl:

[IndianaGreen]

2. They may not use appropriated money, but they will use their black ops money

the CIA to the rescue of the CIA lapdogs in Karzai's regime.