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Afghanistan: The Taliban hand over seized cash and gold to Afghan banks

Afghanistan: The Taliban hand over seized cash and gold to Afghan banks

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New Delhi: De facto ruler of Afghanistan – the Taliban on Thursday hand over the seized cash and gold to the Afghan banks. The Central Bank of Afghanistan ‘Da Afghanistan Bank’ on September 16 said that “The Taliban has handed over about $12.3 million cash and some gold.”

According to the media report the cash and gold bars found from the houses of former administration’s officials and local offices of the former government’s intelligence agency have been returned to Da Afghanistan Bank’s treasury.

A few hours back – Mohammad Idrees – the acting governor of the central bank assured the safety of money Afghan people have deposited in the Bank.

“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 said.

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

Governor further added that “All commercial banks in the region and the world usually keep 10 percent of their capital as cash and use the remainder in various commercial activities and provide useful services to their people. Commercial banks in Afghanistan, on average, keep 50 percent of the Afghani and foreign currency with them. Therefore, the banking sector is in a good condition.”

Some Banks of the Country 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.

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