$850 million Central Bank Fraud in Tajikistan

CFA General
#1

This is hilarious. The GDP of Tajikistan is $12 billion. http://online.wsj.com/article/SB123963645448313675.html

#2

wow, not that is what i call unethical. although still dwarfed by madoff

#3

There’s a bloke from tajikistan who is one of the worlds largest arms dealers ever. He is now being held in a prison cell in bangkok

#4

When will the first world ever learn, aid (loans) almost never reach the intended destination in a third world country. The last statistic I read indicated that less than 10 cents of every dollar donated would reach the intended cause.

#5

When will the first world ever learn, aid (loans) almost never reach the intended destination in a third world country. The last statistic I read indicated that less than 10 cents of every dollar donated would reach the intended cause.

#6

yes, but it appeases the bleeding hearts of this world

#7

Er, should we start investing our beloved Treasury dealings?

#8

Jaffels Wrote: ------------------------------------------------------- > When will the first world ever learn, aid (loans) > almost never reach the intended destination in a > third world country. > > The last statistic I read indicated that less than > 10 cents of every dollar donated would reach the > intended cause. sad but true. the problem with aid is that when chanelled through governments who are inherrently corrupt like ours (Kenya), the intended destination wont be reached. if it was to be channelled through NGOs for example, a larger percentage would reach.