Saudi Press

Saudi Arabia and the world
Saturday, Apr 20, 2024

Taliban Demand US Return $3.5 Billion In Afghan Assets After Court Ruling

Taliban Demand US Return $3.5 Billion In Afghan Assets After Court Ruling

The United States took control of the assets soon after the Taliban stormed back to power in Afghanistan in 2021, with President Joe Biden saying the money could be made available to the families of 9/11 victims.
Taliban authorities called on Washington today to return $3.5 billion belonging to Afghanistan's central bank after a New York federal judge ruled the families of victims in the 9/11 attacks cannot seize the funds.

The United States took control of the assets soon after the Taliban stormed back to power in Afghanistan in 2021, with President Joe Biden saying the money could be made available to the families of 9/11 victims.

A group of families -- who years earlier sued the Taliban for their losses and won -- has since moved to seize the funds to pay off the judgment debt.
But Judge George Daniels of the Southern

District of New York said Tuesday the federal courts lack the jurisdiction to seize the funds from Afghanistan's central bank.

"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.

"The Taliban -- not the former Islamic Republic of Afghanistan or the Afghan people -- must pay for the Taliban's liability in the 9/11 attacks."

Daniels also said he was "constitutionally restrained" from awarding the assets to the families because it would effectively mean recognizing the Taliban as the legitimate government of Afghanistan.

No nation has recognized the Taliban government so far -- including the United States.

"The fundamental conclusion... is that neither the Taliban nor the Judgment Creditors are entitled to raid the coffers of the state of Afghanistan to pay the Taliban's debts."

Daniels' ruling, which aligns with a recommendation by another judge last year, deals a blow to the families of the victims of 9/11, as well as insurance companies that made payments because of the attacks.

A lawyer for the families said they would appeal the ruling.

"This decision deprives over 10,000 members of the 9/11 community of their right to collect compensation from the Taliban, a terrorist group which was found liable for the 9/11 attacks on America," Lee Wolosky said in a statement to AFP.

'No excuse'

The Taliban authorities welcomed the court ruling.

"These assets belong to Afghanistan. There should be no excuse to freeze or to not return them to the people of Afghanistan," Bilal Karimi, deputy government spokesman, told AFP.

"They must be returned without any terms and conditions."

More than 2,900 people died when four hijacked planes crashed into the World Trade Center in New York, the Pentagon in Washington, DC, and a field in Pennsylvania on September 11, 2001.

The attack was carried out by jihadist group Al-Qaeda, whose leader, Osama bin Laden, had found refuge in Afghanistan under the first Taliban government, which had ruled the country since 1996.

Then-president George W Bush authorized the invasion of Afghanistan in response, swiftly toppling the Taliban -- but they launched an insurgency that led to years of war between the US-backed government in Kabul supported by international forces, and the Taliban.

With the withdrawal of US-led forces in August 2021, the Taliban retook power and reimposed their fundamental version of Islamic law.

The country was almost entirely dependent on foreign aid and has seen its economy teeter on the brink of collapse since Washington froze $7 billion in Afghan assets.

It now faces one of the world's worst humanitarian crises, international aid agencies say, with its 38 million population hungry and three million children at risk of malnutrition.

Biden revealed a plan in February 2022 to split the cash, with half directed as aid to Afghanistan and half going to families of victims of the 9/11 attacks.

But it remains unclear what will happen to the latter $3.5 billion set aside for the families if appeals fail.
Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
Reports in Gaza: 5 dead from the impact of aid packages dropped by the USA
Apple warns against drying iPhones with rice
China Criticizes US for Vetoing UN Ceasefire Resolution in Gaza
In a recent High Court hearing, the U.S. argued that Julian Assange endangered lives by releasing classified information.
The U.S. vetoed a U.N. Security Council resolution calling for a temporary ceasefire in Gaza, instead proposing its own six-week ceasefire plan contingent upon the release of all hostages held by Hamas
Prince William Urges End to Gaza Conflict
Saudi Arabia ranks first in UN index for e-government services in MENA
Israel has gone ‘beyond self-defence’ in Gaza, says Labour’s Streeting
EU Calls for Immediate Ceasefire in Gaza Conflict
Israel Records 20% Drop In GDP, War In Gaza Is The Reason
Saudi Arabia's FDI Inflows Grow with New International Standards
Venture Capitals Power Up Across MENA Region
Saudi Arabia Introduces Terms for 30-Year Income Tax Exemption for Multinational Companies
Saudi FM: Establishing Palestinian state is only pathway for Mideast stability
Russian opposition leader Alexey Navalny has died at the Arctic prison colony
Elon Musk's Starlink Gets License For Israel, Parts Of Gaza
Influencers Exploit X Platform for Profit Amidst Israel-Gaza Conflict
PM Modi Announces Opening Of New CBSE Office In Dubai
International Criminal Court's Chief "Deeply Concerned" By Rafah Bombing
January Funding for MENA Startups Totals $86.5 Million
Saudi Arabia accelerates digital economy growth through Nvidia partnership
Indian female military officers commend Saudi Arabia's progress and women's empowerment
Israel unveils tunnels underneath Gaza City headquarters of UN agency for Palestinian refugees
Israel deploys new military AI in Gaza war
Egypt threatens to suspend key peace treaty if Israel pushes into Gaza border town, officials say
Israel Utilizes AI Military Technology in Gaza Conflict
Saudi Arabia Warns Of A "Humanitarian Catastrophe" If Israel Moves On Rafah
China Warns Iran to Halt Houthi Attacks or Damage Trade Ties
US University To Shut Qatar Campus Due To "Heightened Mideast Instability"
Iran-backed hackers interrupt UAE TV streaming services with deepfake news
Facebook and Instagram Ban Iran's Supreme Leader
Finnish Airline, Finnair, is voluntarily weighing passengers to better estimate flight cargo weight
U.S. Secretary of State Blinken: The Israelis underwent dehumanization on 7.10, this does not give them the right to do this to others.
Defense Technology Showcase Held in Riyadh
Saudi Arabia’s non-oil exports rise 2.5% to $6bn in November 2023: GASTAT
UK Bans Misleading "Zero Emissions" Claims for Electric Cars
Gaza's Teen Inventor Sparks Light in Displacement
Netanyahu Rejects Ceasefire Proposal, Insists On Total Victory Over Hamas
Guterres appoints independent UNRWA review panel
Private Sector Employment Hits Record High with Over 11 Million Employees in January
Rolls-Royce Executive Encourages Saudi Women to Tap into Their Inner 'Superhero' for Success in Defense Industry
Saudi Arabia launches National Academy of Vehicles and Cars
Saudi Tourism Minister Reveals Plan for 250,000 New Hotel Rooms by 2030
SAR to more than double eastern network passenger capacity with new trains deal
Saudi Arabia Enhances National Defense with New Partnerships
Saudi Aramco Maintains Arab Light Crude Pricing to Asia for March
NEOM Establishes New York Office to Support Investors
Saudi Wealth Fund Draws in Over $25 Billion Worth of Investments in Three Years, Al-Rumayyan Reveals
ZATCA Cautions Against Scammer Schemes
INTRA Defense Technologies inaugurates drone factory in Riyadh
×