Afghan Government Bank Accounts

Afghan Government Bank Accounts

Washington: The United States has frozen 9.5 billion in Afghan government accounts in its banks to prevent the Taliban from gaining access to funds.

According to the Washington Post, US Secretary of the Treasury Janet Yellen and officials from the Treasury Department’s Office of Foreign Assets Control have decided to freeze Afghan government accounts in the United States, leaving the Afghan government with 9 9.5 billion in US banks. Dollar assets froze.

The decision to freeze the Afghan government’s billions of dollars in bank accounts comes after the Taliban took control of Afghanistan.
A Biden administration official told the Washington Post that the Taliban would not be given access to any of the Afghan government’s central bank assets in the United States.

The report reveals that the move by the Treasury Department was directed by the White House and approved by President Joe Biden. The Biden administration is considering other measures to put pressure on the Taliban.

However, experts point out that the Biden administration did not need a new order to freeze the accounts because the Taliban were already seeking financial benefits under an executive order approved after the September 11, 2001 terrorist attacks. Are subject to restrictions.

On the other hand, the foreign news agency Bloomberg has claimed that the United States has stopped the shipment of dollars to Kabul. In this regard, the President of the Central Bank of Afghanistan, Ajmal Ahmadi, had also tweeted for three days that the arrival of dollars from the United States to Kabul has been stopped.