The assets, held in the Federal Reserve Bank of New York, were frozen when the Taliban toppled the US-backed Afghan government in Kabul. Read more at straitstimes.com.
NEW YORK - The families of victims of the September 11, 2001, terror attacks cannot seize US$3.5 billion in funds belonging to Afghanistan’s central bank, a New York federal judge ruled on Tuesday.
“The Judgment Creditors are entitled to collect on their default judgments and be made whole for the worst terrorist attack in our nation’s history, but they cannot do so with the funds of the central bank of Afghanistan,” Daniels explained in a 30-page opinion. Since the group’s takeover in 2021, no nation has recognized the Taliban as Afghanistan’s government – including the United States.
More than 2,900 people died when four hijacked planes crashed into the Twin Towers in New York, the Pentagon in Washington, DC, and a field in Pennsylvania.Then-president George W Bush launched an invasion of Afghanistan in response, resulting in two decades of war between the US-backed government and the Taliban.
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