The Kabul times, Afghanistan Trustable News Agency.

Afghanistan assets should be returned unconditionally

The Islamic Emirate of Afghanistan (IEA) called on the U.S. to return billions in dollar of money belonging to Afghanistan’s central bank after a New York federal judge ruled the families in the 9/11 attacks cannot seize $3.5 billion in Afghanistan assets.
The United States took control of Afghanistan’s central bank assets soon after the Islamic Emirate (IEA) takeover in mid-August 2021, with U.S. President Joe Biden saying the money could be made available to the families of 9/11 victims.
A group of families of the 9/11 victims who years earlier sued the Islamic Emirate (IEA) for their losses and won has since moved to seize the funds to pay off the judgment debt.
But Judge George Daniels of the Southern District of New York said last Tuesday that the federal courts lack the jurisdiction to seize the funds from Afghanistan’s central bank.
Da Afghanistan Bank (DAB), the country’s central bank, has welcomed the U.S. judge’s decision but calling on the U.S. to return billions in dollars of Afghanistan assets.
“As the country’s central bank ‘Da Afghanistan Bank’, responsible for managing the country’s infrastructures is praising the New York’s judge for his recent decision based on which Afghanistan assets are not granted to the families of the 9/11 victims,” said Hasibullah Noori, a spokesperson of Da Afghanistan Bank.
On the other hand, the head of the central bank’s audit committee says it is necessary that Da Afghanistan Bank (DAB) should enter into negotiations with the U.S. legal counsel to protect Afghanistan assets. “The families of the 9/11 victims might go for the U.S. second court to advocate and it is expected that the families will make further efforts and go for the U.S. congress to lobby for the direct judicial process,” said Shah Mohammad Mehrabi, head of the audit committee for Da Afghanistan Bank.
Meanwhile, the Afghanistan ministry of economy says releasing Afghanistan’s central bank’s foreign assets will put direct impact on the improvement of economic situation in Afghanistan as most Afghans need urgent humanitarian aids.
“In current circumstances in which the people of Afghanistan need humanitarian aids, releasing the country’s foreign assets as national monitory support and trust fund for the country’s trade can play key role in the improvement of the economic situation,” said Abdul Rahman Habibi, a spokesperson of the ministry of economy. Afghan citizens have protested several times to call on the U.S. to return billions in dollars of Afghanistan’s central bank foreign assets. The people of Afghanistan want this asset to be released as soon as possible as the people are facing with increasing poverty in the country.
The Islamic Emirate has repeatedly called on the U.S. to release Afghanistan assets. According to the IEA, the assets belong to Afghanistan and there should be no excuse to freeze or to not return them to the people of Afghanistan.
Shukria Kohistani

Related posts

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

The Kabul times, Afghanistan Trustable News Agency.