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From Russia with Love: 240 tons of cash to Syria - plane loads of cash!
11-27-2012, 01:35 AM #1
Octo Mother Superior
Posts:41,392 Threads:1,584 Joined:Feb 2011
Plane loads of cash: Flight records reveal Russia flew 30 tonnes of bank notes to Syrian regime

The logs show that a cargo plane belonging to the Syrian Air Force made eight round trips between Moscow’s Vnukovo Airport and Damascus over three months this summer

According to newly released flight logs, Russia has been helping out embattled Syrian leader Bashar al-Assad by literally sending him planeloads of cash.

The logs, obtained by the investigative journalism body ProPublica, show that an Ilyushin 76 cargo plane belonging to the Syrian Air Force made eight round trips between Moscow’s Vnukovo Airport and Damascus over three months this summer, each time carrying a stated cargo of 30 tonnes of banknotes.

This would suggest that a total of 240 tonnes of currency, equivalent to roughly 240m notes, made its way from Russia to Syria over the summer.

“There is a practical need for Syrian pounds to stay in circulation so that the government can keep paying the soldiers and the bureaucracy,” says David Butter, a Middle East expert at Chatham House. “If the government is simply printing money in Russia and flying it to Damascus, then the potential for hyperinflation is very strong.”

It is unclear whether all the notes aboard the planes were newly minted Syrian currency, or whether there was also some aid in the form of “hard” currency. As Syria has been engulfed in violence over the past year and a half, the government has struggled to balance the budget and allay fears of massive inflation. Syrian officials have played down rumours that the country is simply printing money that it cannot afford to, but with a black hole in the budget, this seems the most likely explanation for the flights from Russia.

“Tax collection is down and oil revenues are perhaps only 10 per cent of what they were before the conflict started,” says Mr Butter. “Even by official government figures, they are running a huge deficit.” The Syrian pound has slid dramatically this month, amid rumours that the Central Bank is running low on hard currency, causing a rush by Syrians to change their money into dollars and gold, and inflation has hit around 38 per cent.


11-27-2012, 02:22 AM #2
JayRodney ⓐⓛⓘⓔⓝ
Posts:30,203 Threads:1,487 Joined:Feb 2011
Billions of US dollars vanished into thin air in Iraq and Afghanistan, I have a feeling were seeing the same with Russian Rubles.

War is apparently something fought by throwing currency around as much as bullets and bombs.

By the same token, wish someone would throw money at me.
All I ever got for Christmas were socks and some funky sweaters I wouldn't be caught dead in. coffeetime.gif


11-27-2012, 02:43 AM #3
Octo Mother Superior
Posts:41,392 Threads:1,584 Joined:Feb 2011
God knows how many billions in cash was shipped to Iraq alone.

Some helluva cash flow. coffeetime.gif
11-27-2012, 03:06 AM #4
Shadow Incognito Anonymous
(11-27-2012, 02:22 AM)JayRodney Wrote:  and some funky sweaters I wouldn't be caught dead in. coffeetime.gif

Have an ugly christmas sweater party beercheer.gif
11-27-2012, 03:16 AM #5
Octo Mother Superior
Posts:41,392 Threads:1,584 Joined:Feb 2011
Maybe not... batboy.jpg

11-27-2012, 03:21 AM #6
Shadow Incognito Anonymous
Why not blonde.gif

11-27-2012, 03:28 AM #7
JayRodney ⓐⓛⓘⓔⓝ
Posts:30,203 Threads:1,487 Joined:Feb 2011
rofl.gif That was childhood stuff, they have long since ended up on the planet of unwanted cardigans and turtle neck sweaters my mom used to force me to wear. gaah.gif


11-27-2012, 03:28 AM #8
Octo Mother Superior
Posts:41,392 Threads:1,584 Joined:Feb 2011
It's too warm in here to party with sweaters on. 13.gif :chcukle:
11-27-2012, 03:34 AM #9
Shadow Incognito Anonymous
lol.gif well that's better than cold enough to have to wear christmas sweaters hi5.gif beerbong.gif
11-27-2012, 03:36 AM #10
Octo Mother Superior
Posts:41,392 Threads:1,584 Joined:Feb 2011
Much better! chuckle.gifhi5.gif beerbong.gif
11-27-2012, 04:05 AM #11
Shadow Incognito Anonymous
Was JR who derailed the thread. Yeah. JR.

Quote:i now live where i do not need sweaters

Happy for you bored.gif I'm wearing thick slippers, long jons and a sweater vic.gif

chuckle.gif gaah.gif
11-27-2012, 06:50 AM #12
smart-ass Member
Posts:240 Threads:25 Joined:Jul 2012
sshhhhhh it's supposed to be s secretchuckle.gif

Beware of the booger eater he'snot full uhoh.gif



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