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Biden to split frozen Afghan funds for 9/11 victims, relief
AP ^ | Feb 11 | By AAMER MADHANI

Posted on 02/11/2022 4:48:44 AM PST by RandFan

WASHINGTON (AP) — President Joe Biden is expected to issue an executive order on Friday to move some $7 billion of the Afghan central bank’s assets frozen in the U.S. banking system to fund humanitarian relief in Afghanistan and compensate victims of the Sept. 11, 2001, attacks, according to a U.S. official familiar with the decision.

The order will require U.S. financial institutions to facilitate access to $3.5 billion of assets for Afghan relief and basic needs. The other $3.5 billion would remain in the United States and be used to fund ongoing litigation by U.S. victims of terrorism, the official said. The official spoke on the condition of anonymity because the decision had not been formally announced.

International funding to Afghanistan was suspended and billions of dollars of the country’s assets abroad, mostly in the United States, were frozen after the Taliban took control of the country in mid-August.

The country’s long-troubled economy has been in a tailspin since the Taliban takeover. Nearly 80% of Afghanistan’s previous government’s budget came from the international community. That money, now cut off, financed hospitals, schools, factories and government ministries

(Excerpt) Read more at apnews.com ...


TOPICS: Miscellaneous; News/Current Events
KEYWORDS: afghanistan

1 posted on 02/11/2022 4:48:44 AM PST by RandFan
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To: RandFan

“fund ongoing litigation by U.S. victims of terrorism”

Translation: fund lawyers of U.S. victims of terrorism


2 posted on 02/11/2022 4:51:56 AM PST by AppyPappy (Biden told Al Roker "America is back". Unfortunately, he meant back to the 1970's)
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To: RandFan

With 10%...the Big Guy’s Cut...right off the top, right Brandon?


3 posted on 02/11/2022 5:01:45 AM PST by moovova
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To: RandFan

Will the J6 defendants have access to these monies?


4 posted on 02/11/2022 5:04:27 AM PST by LastDayz (A blunt and brazen Texan. I will not be assimilated.)
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To: RandFan

Meanwhile, millions of people there are starving.


5 posted on 02/11/2022 5:43:02 AM PST by FoxInSocks ("Hope is not a course of action." — M. O'Neal, USMC)
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To: FoxInSocks

For 9-11 relief?? We’re way past that. Send Afghanistan food and medical supplies would be my instincts. The funds were from the legitimate regime. (I think).


6 posted on 02/11/2022 6:08:01 AM PST by Sacajaweau ( )
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Comment #7 Removed by Moderator

To: AppyPappy

Right. A far cry from “funds for 9/11 victims.” AP as usual makes it up as they go along.


8 posted on 02/11/2022 6:40:03 AM PST by hinckley buzzard ( Resist the narrative.)
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To: RandFan

Our government wants to assist Trudeau shut down and bankrupt peaceful Canadians who want freedom restored.

Our government clears the way to send funds to enemies who kill and maim their people as a payoff to cover this _resident’s arse.

This is nothing but paying ransom to the Taliban.

Maybe a strongly worded letter and a future committee in Congress can stop this situation. /s


9 posted on 02/11/2022 6:47:07 AM PST by dforest (Freaking insane world. )
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To: AppyPappy

Further translation, fund lawyers who are going after Jan 6 demonstrators and against people in trucks.


10 posted on 02/11/2022 7:19:11 AM PST by Mercat (Biden will replace Tom Brady with a black woman.)
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To: RandFan

Ole Joe left 80 billion in military equipment….seems to me that they got the better deal….


11 posted on 02/11/2022 7:31:26 AM PST by Hogblog
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To: RandFan

since 01, huge amounts of money has been designated for the victims. Is there anyplace to find the sum total?? ... and how much each victim has received??


12 posted on 02/11/2022 7:46:19 AM PST by elpadre (And here in NC)
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To: RandFan

Is that even legal to so easily and single handed steal frozen funds without any other approval or consensus? 🤪


13 posted on 02/11/2022 7:47:04 AM PST by NWFree (Somebody has to say it)
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To: RandFan

911 must be the address of his fourth house walk in safe to installed later.


14 posted on 02/11/2022 7:59:59 AM PST by Vaduz ( )
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