World

Taliban says US must release frozen funds

18:09, 29 October 2021
Taliban says US must release frozen funds Photo: unahan Turhan/Keystone Press Agency/Global Look Press

The Islamist movement Taliban* adressed the US once again to receive the billions of dollars of Afghanistan’s central bank which were frozen by the US following the movement’s capture of power.


Most of Afghanistan’s finances during Ashraf Ghani’s rule were stored in the US as well as other European countries as they were more secure than domestic Afghan banks.

The country’s finance ministry said that it will respect human rights which is one of the main issues because of which the funds were frozen.

The spokesman for the ministry Ahmad Wali Haqmal also added that the humanitarian aid presented by worldwide countries is merely enough as it is just a “small relief.”

"The money belongs to the Afghan nation. Just give us our own money. Freezing this money is unethical and is against all international laws and values," he said in a statement.

The Taliban says that the funds are necessary to avoid a humanitarian crisis which would have disastrous consequences including massive migration from Afghanistan to the West, particularly Europe. 

"The situation is desperate and the amount of cash is dwindling. There is enough right now ... to keep Afghanistan going until the end of the year. Europe is going to be affected most severely, if Afghanistan does not get access to this money,” Shah Mehrabi, a board member of the Afghan Central Bank said commenting on the situation.

"You will have a double whammy of not being able to find bread and not being able to afford it. People will be desperate. They are going to go to Europe," he added.

The West might release the funds but first it will ensure that human rights are indeed respected.

Some aspects which the West demands include the respect of the rights of the LGBT community which the Taliban denied to support as it goes against Islamic law.

*Taliban is a terror organization banned in the US, Russia and many other countries.