Afghan President Hamid Karzai on Monday confirmed New York Times report that his office receives bags of cash from Iran on regular basis. Karzai said however that the bags of cash cover expenses of the Presidential Palace and the transactions are “transparent.” He did not elaborate why in transparent transactions, the monies should be delivered in bags. Afghanistan has a sophisticated banking system and the monies could be transferred from one government to the other. Neither did Karzai explain how the process of the delivery of plastic bags stuffed with hard currency (Euro) to the president of the country could possibly be called transparent.
Sources: Afghanistan's Tolou and all major news wires.