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US freezes nearly $9.5 billion Afghanistan central bank assets: Report

US sanctions on the Taliban mean that they cannot access any funds

Da Afghanistan Bank
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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 | Photo: Bloomberg

Agencies
The US has frozen nearly $9.5 billion in assets belonging to the Afghan central bank and stopped shipments of cash to the nation as it tries to keep a Taliban-led government from accessing the money, an administration official confirmed Tuesday. The official 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. 

Ajmal Ahmady, acting head of Da Afghan Bank, the nation’s central bank, early Monday tweeted that he learned on Friday that shipments of dollars would stop as the US