PanaTimes

Sunday, May 28, 2023

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

PanaTimes
Close
0:00
0:00
Pfizer, the EU, and disappearing ink - Smoke, Mirrors, and the Billion-Dose Pfizer Vaccine Deal: EU's 'Open Secret
Actor Tom Hanks told Harvard University graduates to be superheroes in their defense of truth and American ideals, and to resist those who twist the truth for their own gain
The Sussexes' Royal Rebound: Could Harry and Meghan Markle Return to the UK?
A provocative study suggests: Left-Wing Extremism and its Unsettling Connection to Psychopathy and Narcissism
France Arrests 10 on Suspicion of Failing to Respond in Time to Migrant Drowning
Neuralink Receives FDA Approval for First-in-Human Clinical Study
Saudi Arabia and Canada Restore Diplomatic Relations
Bernard Arnault Loses $11.2 Billion in One Day as Investors Fear Slowdown in US Growth Will Reduce Demand for Luxury Products
Russian’s Wagner Group leader: “I am not a chef, I am a butcher. Russia is in danger of a revolution like in 1917.”
TikTok Sues Montana Over Law Banning the App
Ron DeSantis Jumps Into 2024 Presidential Race, Setting Up Showdown With Trump
Last Walmart in North Portland Closing Down
Florida's DeSantis seeks to disqualify judge in Disney case
Talks between US House Republicans and President Biden's Democratic administration on raising the federal government's $31.4tn debt ceiling have paused
Disney has canceled plans to build a new campus in Florida worth almost $1 billion
Biden Administration Eyeing High-Profile Visits to China: The Biden Administration is heating things up by looking into setting up a series of top-level visits to Beijing by top officials in the coming months
New evidence in special counsel probe may undercut Trump’s claim documents he took were automatically declassified
A French court of appeals confirmed former President Nicolas Sarkozy's three-year jail term for corruption and influence peddling
Debt Ceiling Crises Have Unleashed Political Chaos
Weibao Wang, a former software engineer at Apple, was charged with stealing trade secrets related to autonomous systems, including self-driving cars
Mobile phone giant Vodafone to cut 11,000 jobs globally over three years as new boss says its performance not good enough
Elon Musk compares George Soros to Magneto, the supervillain from the Marvel Comics series.
Warren Buffett Sells TSMC Shares Over Concerns About Taiwan's Stability
New Study Finds That Secondary Bacterial Pneumonia Is a Major Cause of Death in COVID-19 Patients Who Require Ventilator Assistance
King Charles III being crowned.
'Godfather Of AI' Geoffrey Hinton Quits Google To Warn Of The Tech's Dangers
A Real woman
Vermont Man Charged with Stalking After Secretly Tracking Woman with Apple AirTag
Elon Musk Statements About Tesla Autopilot Could Be 'Deepfakes,' Lawyers Claim. Judge Evette Pennypacker Does Not Understand How Far and Advanced This Technology Became
Ukraine More Prepared for Counterattack as Reinforcements Arrive
UK Prime Minister Rishi Sunak and Italian Prime Minister Giorgia Meloni Discuss Migration, Defence, and Ukraine
Tucker Carlson is back, soon!
AT&T's Successful Test of Satellite-Based Phone Call Raises Possibility of Widespread Coverage
CNN: "Joe Biden is asking for four more years — when 74% of Americans think the country is heading the wrong way“
Turkish President Recep Tayyip Erdogan Cuts Short Live TV Interview Due to Health Issue
US Congresswoman threaten Twitter Files journalist with arrest
Pulitzer Prize-winning journalist Seymour Hersh slams New York Times' pro-government stance and treatment of sources
Enough is enough: it's time to end the war in Ukraine. While Russia may be to blame for starting it, Russia is not the one refusing to stop it
Fox News Settles their case with Dominion Voting Systems for a staggering $787.5 MILLION
The land of the free violence
Speaker Kevin McCarthy
21-year-old Massachusetts Air National Guard member Jack Teixeira has been arrested for leaking classified Pentagon Documents
The Supreme Court will allow a 12-year-old transgender West Virginia girl to compete on her middle school’s girls' sports teams amid a lawsuit over a ban
Iran and Saudi Arabia hold first diplomatic talks in seven years, brokered by China
Bank of America cuts short conference after outrage at Ukraine comments
Mitt Romney calls Trump indictment 'overreach,' says charges were 'stretched' to suit a 'political agenda'
The G-7 aims to make global crypto regulations tougher
Russia arrested an American reporter for the Wall Street Journal on espionage charges
Don’t Dismiss China’s Peacemaking Bid
China and Brazil have signed a new deal that will allow them to trade in their own currencies, bypassing the US dollar as an intermediary
×