The US has frozen nearly $9.5 billion in assets belonging to the Afghan central bank and stopped shipments of cash to the nation as it tries to keep a Taliban-led government from accessing the money, Al Jazeera says referring to a Bloomberg report.
It quoted an administration official confirming on Tuesday that any central bank assets that the Afghan government has in the US will not be available to the Taliban, which remains on the Treasury Department’s sanctions designation list.
Ajmal Ahmady, acting head of Da Afghan Bank, the nation’s central bank, reportedly early Monday tweeted that he learned on Friday that shipments of dollars would stop as the US tried to block any Taliban effort to gain access to the funds. The report mentioned that DAB has $9.5 billion in assets, a sizeable portion of which is in accounts with the New York Federal Reserve and US-based financial institutions.
It explains that US sanctions on the Taliban mean that they cannot access any funds. The vast majority of DAB’s assets are not currently held in Afghanistan, the report said referring to two people familiar with the matter.
It said the US Treasury Department declined to comment.
