Taliban have no legal right to multibillion dollar Afghan fund: US watchdog – National [Video]

The watchdog for U.S. assistance to Afghanistan said the Taliban have no legal right to billions of dollars in funding set aside for the country because they are not recognized as its government and are under sanctions.

In its latest report issued Friday, the office of the Special Inspector General for Afghanistan Reconstruction, or SIGAR, also said President Donald Trump’s administration and Congress may want to examine returning nearly $4 billion earmarked for Afghanistan to the “custody and control” of the U.S. government.

In 2022, the U.S. transferred $3.5 billion in Afghan central bank assets previously frozen in America to the Swiss-based Fund for the Afghan People. The fund has grown to nearly $4 billion since then, according to the inspector general.

Although no payments benefiting Afghans have been made, the fund is aimed at protecting and stabilizing the economy on their behalf.

“The Taliban want these funds even though they have no legal right to …