The acting Minister of Information and Culture, Khairullah Khairkhwah, called for release of Afghan assets, saying that the funds belong to the people of Afghanistan and there is no justification for them being frozen.
Speaking at a gathering held by the members of the Afghan private sector, Khairkhwah said the freezing of Afghan assets is an injustice.
“I do not want it so much for the government as I do for the private sector. Freezing government assets is an oppressive act but freezing the assets of the private sector has no justification,” he said.
Speaking at the same gathering, the head of the Afghanistan Chamber of Industry and Mines, Sherbaz Kaminzada, said that the Afghan traders are facing severe challenges due to the freezing of the Afghan assets.
“When the Afghan assets were frozen it had a negative impact on our international credibility. We used to be able to transfer money with low cost but no we cannot,” he said.
“The money was transferred by the previous government abroad and is now frozen in New York. Around $2 to $2.5 billion of it has a direct influence on the private sector,” said Khanjan Alokozai, a member of the Afghanistan Chamber of Commerce and Investment.
After the Islamic Emirate swept into power, $9.5 billion of Afghanistan’s Central Bank reserves were frozen.
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