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Home In Brief

Afghans protest US move to unfreeze $3.5B for 9/11 victims

by  AP and ILH Staff
Published on  02-13-2022 13:23
Last modified: 02-13-2022 13:23
Afghans protest US move to unfreeze $3.5B for 9/11 victimsAP/Hussein Malla

Afghan protesters hold placards and shout slogans against US during a protest in Kabul, Feb. 12, 2022 | Photo: AP/Hussein Malla

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Demonstrators in Afghanistan's capital on Saturday condemned President Joe Biden's order freeing up $3.5 billion in Afghan assets held in the US for families of America's 9/11 victims – saying the money belongs to Afghans.

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Protesters who gathered outside Kabul's grand Eid Gah mosque asked America for financial compensation for the tens of thousands of Afghans killed during the last 20 years of war in Afghanistan.

Biden's order, signed Friday, allocates another $3.5 billion in Afghan assets for humanitarian aid to a trust fund to be managed by the UN to provide aid to Afghans. The country's economy is teetering on the brink of collapse after international money stopped coming into Afghanistan with the arrival in mid-August of the Taliban.

Afghanistan's Central Bank called on Biden to reverse his order and release the funds to it, saying in a statement Saturday that they belonged to the people of Afghanistan and not a government, party or group.

Torek Farhadi, a financial adviser to Afghanistan's former US-backed government, questioned the UN managing Afghan Central Bank reserves. He said those funds are not meant for humanitarian aid but "to back up the country's currency, help in monetary policy and manage the country's balance of payment."

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