February 11 deadline for US administration to make a decision on frozen Afghan government assets

Asia-Plus

Media reports say February 11, 2022 is a deadline for the Biden administration to make a decision on US$7 billion held at the New Federal Reserve.

The Islamic Emirate takeover of Afghanistan and the ensuing humanitarian crisis has kicked off an international debate about what to do with billions of dollars of frozen Afghan government assets held abroad, predominantly in the United States.

TOLOnews reported on January 30 that US Judge Sarah Netburn gave the US Justice Department until February 11 to make a decision.

The original deadline for the government’s response was Friday.  But the judge has agreed to grant the administration’s request for an extension, giving the government until February 11 to make its position known.

A group of families of about 150 US victims of the September 11 attacks asked the US government in September to compensate them from 7 billion U.S. dollars in frozen assets held at the Federal Reserve of New York.

In the meantime, the Islamic Emirate said the money is the property of the Afghan people and should be released as soon as possible.

“The Islamic Emirate of Afghanistan wants the return of the national assets to Afghanistan in any case. The “9/11 attack” has nothing to do with Afghanistan,” Inamullah Samangani, deputy spokesman of the Islamic Emirate, was quoted as saying by TOLOnews.

The 9/11 attacks were carried out by al-Qaeda during the first period of the Islamic Emirate, and some members of the families of the victims say that Afghanistan's frozen assets should not be given to the Islamic Emirate.

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