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Sept. 11 Victims not eligible to seize Afghan central bank assets

27 Aug 2022 - 10:05

Victims of the Sept. 11, 2001, attacks not be allowed to seize billions of dollars of Afghan assets a US judge said on Friday.


Afghan Voice Agency(AVA)_Monitoring, US Magistrate Judge Sarah Netburn in Manhattan said Da Afghanistan Bank was immune from jurisdiction, and that allowing the seizures would effectively acknowledge the Islamic Emirate of Afghanistan (IEA) as the Afghan government, something only the US president can do, Reuters reported.

Netburn’s recommendation will be reviewed by US District Judge George Daniels in Manhattan, who also oversees the litigation and can decide whether to accept her recommendation.

In an executive order in February, US President Joe Biden ordered half of $7 billion of Afghan central bank funds that are frozen in US to be unlocked for the benefit of the Afghan people, leaving victims to pursue the remainder in court.

US sanctions ban doing financial business with the IEA, but allow humanitarian support for the Afghan people.
 


Story Code: 257668

News Link :
https://www.avapress.com/en/news/257668/sept-11-victims-not-eligible-to-seize-afghan-central-bank-assets

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