City
Epaper

Taliban hands over seized cash, gold to Afghan central bank

By IANS | Updated: September 16, 2021 10:55 IST

Kabul, Sep 16 The Taliban has handed over about $12.3 million cash and some gold to Da Afghanistan ...

Open in App

Kabul, Sep 16 The Taliban has handed over about $12.3 million cash and some gold to Da Afghanistan Bank (DAB), the country's central bank, a statement said on Thursday.

The cash and gold bars found from the houses of former administration's officials and local offices of former government's intelligence agency have been returned to Da Afghanistan Bank's treasury, Xinhua news agency quoted the statement as saying.

"The officials of Islamic Emirate of Afghanistan by handing over the assets to national treasury proved their commitment to transparency," it added.

The statement also said that Mohammad Idrees, acting governor of the central bank, has assured the safety of Afghans' deposits in commercial banks.

"Da Afghanistan Bank assures our countrymen that all commercial banks operating in the country are under serious supervision and are conducting their operations better than before. The banks are completely secure," Idrees was quoted as saying.

All commercial banks in the region and the world usually keep 10 per cent of their capital as cash and use the remainder in various commercial activities and provide useful services to their people, the statement said.

"Commercial banks in Afghanistan, on average, keep 50 per cent of the afghani and foreign currency with them. Therefore, the banking sector is in a good condition.

"These banks have invested a certain amount of money inside the country and abroad to play a useful role in the economic growth of Afghanistan," the Governor added.

The statement came as thousands of customers are trying withdraw their savings since the Taliban's takeover in mid-August.

Reports of freezing Afghanistan's bank assets by the US as well as a halt of funds by the World Bank and the International Monetary Fund (IMF) have fueled concerns among Afghans.

On August 28, the central bank issued an order to all banks in the country, setting a temporary limit of withdrawals of $200 or 20,000 afghani for one customer every week.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: AfghanistanKabulTalibanAfgTalibansTaliban movementDa afghanistan bankAfghanistan talibanProminent taliban
Open in App

Related Stories

CricketRashid Khan-Led Afghanistan Beat Hong Kong by 94 Runs in Asia Cup 2025 Opener (VIDEO)

CricketAsia Cup 2025: Sediqullah Atal’s 73, Azmatullah Omarzai's 53 Power Afghanistan to 188/6 vs Hong Kong

InternationalAfghanistan Earthquake Leaves 1,411 Dead, UN Urges Urgent Global Assistance

InternationalEarthquake in Afghanistan: At Least 20 Killed, Over 50 Injured After 6.0-Magnitude Quake Hits Nangarhar Province

Other SportsTaliban Bans Chess in Afghanistan, Calling It a Form of Gambling Under Sharia Law

International Realted Stories

InternationalFinal stage of Spain's Vuelta cycling race cancelled due to disruption by pro-Palestine demonstrators

InternationalAfghan refugees deported from Pakistan report hardships

InternationalHigh alert issued Khyber Pakhtunkhwa following rain forecast between September 15 to 19

InternationalRomania condemns Russia for violating airspace during attack on Ukraine, calls it "irresponsible"

InternationalTrump urges foreign companies not to just invest in US but also train American workers