Afghanistan: Here’s a Real Confidence Builder

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That headline is facetious. But here’s a question: can the Afghan government function and assume security responsibilities if it can’t even run a bank?

From the AfPak Channel’s Daily Brief:

The governor of Afghanistan’s Central Bank, Abdul Qadeer Fitrat, announced his resignation Monday from the United States, saying that his life “was completely in danger” in Kabul due to his investigation into the Kabul Bank scandal, where nearly $900 million was allegedly given out in bad loans, including to senior officials and relatives of Afghan president Hamid Karzai (NYT, Reuters, WSJ, FT, BBC, AJE, AFP, Tel, Bloomberg). In his resignation letter and comments Fitrat blamed officials for interfering in his investigation into the Kabul Bank, while a presidential spokesman called his departure “treason” and said Fitrat would be prosecuted as part of the investigation (Reuters, Bloomberg).

No matter who’s right, this is a situation with much wrong—and another reason for Americans to be rather skeptical of any endeavor that depends on a partnership with Karzai and his crew.

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Owned by no one—except you.

We just keep seeing it happen: Newsrooms owned by billionaires and corporations are spinning their own narratives, overwriting the truth, following only stories that keep them in the pocket of those with even more power.

Not here. We’re not owned by anyone. We’re not part of any cult that demands our allegiance to a bottom line. We’ve spoken up and spoken out while other newsrooms changed their stories—or cut them altogether—to keep the C suite happy.

Our mission is to find the truth and amplify it. That’s why we’re independent, nonprofit, and, crucially, funded by readers. The investigations on our website will always be free to read, watch, and listen to, but our newsroom is powered by readers who pitch in what they can so we can keep asking the hard questions.

Can you chip in today?

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