Taliban Takeover: America Freezes Afghanistan’s Billions In US Banks
Following the Taliban takeover, the US government has blocked Afghanistan’s government funds in American banks.
The move was made in order to prevent the fundamentalist group from gaining access to billions of funds.
After Kabul was seized, Afghanistan’s Central Bank chief, Ajmal Ahmady, escaped, according to the Washington Post.
On Wednesday, Ahmady revealed that the US Central Bank has roughly $7 billion in reserves.
He also revealed that another $2 billion had been invested worldwide.
“Given that the Taliban are still on international sanction lists, it is expected that such assets will be frozen and not accessible to Taliban”, he wrote on Twitter.
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Last Monday, the Biden administration canceled large-scale currency shipments to Afghanistan.
According to the Wall Street Journal, federal officials are preventing Taliban access to government accounts controlled by the Federal Reserve and other US banks.
America is also preventing the International Monetary Fund (IMF) from accessing roughly $500 million in reserves.
The Taliban have promised to impose Islamic law in every country on the planet.