KABUL, Afghanistan, May 31 (UPI) -- More than $1 billion in Saudi Arabian currency has been sent to Afghanistan in the past four years, likely to support terrorism, investigators say.
The Times of London quoted members of FinTraca, the Afghan intelligence unit, saying the funds had gone through Pakistan, where they were converted into rupees or dollars.
"We can trace it back as far as an entry point in Waziristan," said Mohammed Mustafa Massoudi, director general of FinTraca in Kabul. "Why would anyone want to put such money into Waziristan? Only one reason -- terrorism."
The flow of cash from Saudi Arabia to Afghanistan has been on the increase and reached the highest rate this year since FinTraca was established in 2006 with U.S. and British help.
Saudi Arabia is an ally in the war on terror, but a U.S. government report last year found private Saudi supporters were the leading source of financing for the Taliban, The Times said.
Most of the cash enters Afghanistan through al-Qaida-dominated territory in the Pakistani tribal area, FinTraca said.
Afghan authorities say insurgents must renounce al-Qaida ties before they will be allowed to become involved in the political process.