US freezes nearly $9.5 billion assets of Afghan central bank: Report

Central bank of Afghanistan. Photo: Facebook/ Da Afghanistan Bank

The United States has frozen nearly $9.5 billion assets belonging to Da Afghanistan Bank, the Central Bank of Afghanistan, news agency Bloomberg reported quoting officials.

The US has also stopped shipments of cash to the country as it tries to keep away Taliban-led government from accessing the money.

Quoting officials, the news agency report said 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.

On Monday, Ajmal Ahmady, acting head of Da Afghan Bank, in a tweet said 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 said 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.

US sanctions on the Taliban mean that they cannot access any funds, the news agency reported.

The report, quoting two people familiar with the matter, said the vast majority of DAB’s assets are not currently held in Afghanistan.


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