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Banking

Afghanistan: Afghan central bank numbers crunched by Indian accountant

At least someone is counting the money at DAB

We all know that Iraq is bad but to hear many experts tell it, Afghanistan is the genuine headache of the age, military and economic. With the struggling economy as much a battleground for hearts and minds as the caves of Helmand province or Tora Bora, you’d expect the brightest minds at the IMF and World Bank to be poring over the stricken country, keeping vital but fragile institutions such as the central bank tightly clasped under their intensive care, right? And, with $30 billion of western aid – your taxes – sloshing around the place, at least making sure its books are done properly. Think again.

Step forward PB Shanthana Krishnan, senior partner at the Chennai chartered accountant Vijayaraghavan and Associates, who might well be Corporate Afghanistan’s most unlikely whistleblower.

Never heard of the firm? Mr Krishnan admits Vijayaraghavan and Associates, which he founded in 1981, is not, well, not PricewaterhouseCoopers or Deloitte. His firm has 50 to 60 staff and 10 partners, and an associate office in Bangalore, he says.

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