Swiss-Based Trust Fund for Frozen Afghan Assets Meets in Geneva

The board of a Swiss-based trust fund managing some $3.5 billion in frozen assets seized after the Islamic Emirate took power last year is meeting in Geneva for the first time on Monday, a Swiss government spokesperson confirmed.
The frozen central bank reserves were recently transferred from Washington into the ’Fund for the Afghan People’ where U.S. officials say it will be shielded from the Islamic Emirate. The latter has condemned the transfer, calling it a violation of international norms.