General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe Taliban tried to get its hands on the Afghanistan central bank's nearly $10 billion in reserves,
but most of the money is in New York
https://www.yahoo.com/news/taliban-tried-hands-afghanistan-central-165632573.html
The Taliban may have seized control of Afghanistan - but for now, the group can't access the country's central bank's nearly $10 billion in reserves, most of which is reportedly held by the Federal Reserve Bank in New York.
Last week, Taliban members attempted to inspect Afghanistan's billions of dollars in foriegn reserves only to be told by officials at the country's central bank, Da Afghanistan Bank, that they could not access it because it was being stored by the Federal Reserve Bank of New York in Manhattan, the Financial Times reported.
Regardless, most of the central bank's roughly $9.5 billion in assets were frozen by the US last week after the Taliban swiftly took control of Afghanistan following the stunning collapse of the Afghan government.
"[The Taliban] realize they don't have the expertise they need," Omar Samad, a former Afghan ambassador to Canada and France, told the Financial Times. "They are reaching out to technocrats and renowned Afghans. They know they are going to need these non-Taliban figures in their government."
mahatmakanejeeves
(57,439 posts)"The money's not here."
It's A Wonderful Life Bank Run
260,228 views Dec 6, 2014
Hoosiertown
150 subscribers
It's A Wonderful Life Bank Run
Hugh_Lebowski
(33,643 posts)Holding their billions while we got out, this was a huge part of the contingency plan.
And is probably a big part of WHY we're getting out of there casualty-free.
Joe knew.
Budi
(15,325 posts)#JediJoe
brush
(53,776 posts)the evacuation.
Budi
(15,325 posts)They got nothing.
That is why it's critical to get as many people who want to leave, out of there.
They would be merely hostages held for access to the billions.
Those who choose to remain do so at their own will.
Joe took all the money!!