WASHINGTON — The US Treasury Department denied media reports Saturday that American taxpayer funds would be put towards bailing out Afghanistan's beleaguered Kabul Bank.
The White House said the allegations were not true and pointed to a statement from Deputy Treasury Secretary Neal Wolin that said the bank's troubles were "an Afghan issue."
"They are taking immediate steps to ensure the stability of Kabul Bank and to protect the financial assets of the Afghan people," Wolin said.
"While we are providing technical assistance to the Afghan Government, no American taxpayer funds will be used to support Kabul Bank," he said.
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