Taliban seize $12.4 million from former top Afghan officials



LONDON, Sept 15 (Reuters) - Afghanistan's Taliban-controlled central bank said it had seized nearly $12.4 million in cash and gold from former top government officials on Wednesday, including former vice president Amrullah Saleh.

In a statement, the central bank said the money and gold had been kept in officials' houses, although it did not yet know for what purpose.

Saleh's whereabouts are unknown. He has vowed to resist the Taliban, who stormed to power a month ago, and last week a family member said the Taliban had executed his brother Rohullah Azizi.

In a separate statement, the bank urged Afghans to use the country's local Afghani currency. It comes amid growing worries that the country's banks and firms are running short of money, especially dollars, which are widely used.

In a sign that the Taliban are looking to recoup assets belonging to former government officials, the central bank issued a circular to local banks last week asking them to freeze the accounts of politically exposed individuals linked to the previous government, two commercial bankers said.
Reporting by Marc Jones; Editing by Tom Arnold and Mike Collett-White

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

We are using cookies to give you the best experience on our website. Read more or change your cookie settings.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.