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DAB will never accept US freeze on $7bn of Afghan assets

· 2 min read · 265 views

KABUL (Pajhwok): Central bank, Da Afghanistan Bank, on Saturday said it would never accept US President Joe Biden’s decision to split its funds between families of September 11 victims and humanitarian aid.

President Joe Biden has moved to freeze about $7bn in assets held in US financial institutions by the Afghan central bank in the wake of the Taliban takeover, as he vowed to direct $3.5bn to humanitarian aid and preserve the rest for families of victims of the September 11 terror attacks.

In an executive order signed on Friday, Biden directed “all property and interests in property . . .

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