The Biden administration said on Friday that it’s giving half of the frozen $7 billion in funds belonging to the Afghan people to families of 9/11 victims
last summer. Afghan currency has plummeted in value, banks have restricted withdrawal amounts, unemployment has risen following the departure of U.S. forces, and millions of refugees seek to avoid starvation. The administration said it would ask a judge to approve $3.5 billion going into a trust fund to be distributed to those who need it, while preventing the Taliban — which has claimed rights to the funds — from getting its hands on it.
“I can’t think of a worse betrayal of the people of Afghanistan than to freeze their assets and give it to 9/11 families,” Barry Amundson, whose brother was killed on 9/11, told the. “While 9/11 families are seeking justice for their loss through these suits, I fear that the end result of seizing this money will be to cause further harm to innocent Afghans who have already suffered greatly.”
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Biden to split frozen Afghan funds for 9/11 victims, reliefPresident Joe Biden is expected to issue an executive order on Friday to move $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. 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 August. The country’s long-troubled economy has been in a tailspin since the Taliban takeover.
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Biden to split frozen Afghan funds for 9/11 victims, humanitarian reliefInternational funding to Afghanistan was suspended and billions of dollars of the country’s assets abroad were frozen after the Taliban took control of the country in mid-August.
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Biden moves to split $7 billion in frozen Afghan funds for 9/11 victimsPresident Joe Biden is expected to move some $7 billion of the Afghan central bank’s assets frozen in the American funding system to fund humanitarian relief in Afghanistan and compensate victims of the Sept. 11, 2001, attacks.
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Biden moves to split $7 billion in frozen Afghan funds for 9/11 victimsPresident Joe Biden is expected to move some $7 billion of the Afghan central bank’s assets frozen in the American funding system to fund humanitarian relief in Afghanistan and compensate victims of the Sept. 11, 2001, attacks.
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Biden to redirect frozen Afghan assets to families of 9/11 victimsThe US President intends to use his emergency powers to split $7 billion in frozen Afghan central bank funds, allocating $3.5 billion to compensate 9/11 families and $3.5 billion for humanitarian relief.
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'Death Sentence for Untold Numbers of Civilians': Biden to Permanently Seize Afghan Assets'I can't think of a worse betrayal of the people of Afghanistan than to freeze their assets and give it to 9/11 families,' said one person whose brother was killed on Sept. 11, 2001.
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