Most Active Stories
- New Google Tool Shows Remarkable Timelapse of Fresno Growth Since 1984
- Paso Robles Winemaker Battles Valley Fever
- New Approach To Classroom Discipline Pays Off at Fresno's Yosemite Middle School
- Fresno To Get High-End, High-Rise Downtown Restaurant?
- Cases Of Mysterious Valley Fever Rise In American Southwest
Valley Public Radio Staff
Fri September 28, 2012
Iran Turns To Afghanistan When Laundering Money
Originally published on Fri September 28, 2012 3:15 pm
There may be international sanctions against Iran, but not in Afghanistan's border provinces with the Islamic Republic where trade and money-laundering are thriving. Every day, millions in Iranian currency are brought in by taxis ferrying passengers. The Iranian money is exchanged for dollars, which are then shipped back to Iran. American officials recently ordered the Afghan banks to crack down on this phenomenon and it appears to be having some effect. But Afghan money changers claim the money-laundering will never stop unless border guards stop accepting bribes and letting the Iranians in.