Houthi militias are raiding what’s left of Yemen’s treasury

A Yemeni man counts stacks of Yemeni rials on a street in the capital Sanaa, on February 12, 2017.


Houthi militias are continuously draining funds from what is left of Yemen’s treasury, sources from inside the capital Sanaa confirmed.

At least 750 bln Yemeni rials were taken by Houthi militias from the assets of the General Authority for Insurance and Pensions in the state’s central bank without the permission or authority, sources said.

The Houthis are seeking to take what is left of the $200 million in the state’s treasury for they say are their “war efforts” and transferring it to the Directorate of Maran in Saada, a stronghold of the militias.

This comes as Houthi militia loyalist Abdulsalam al-Mahtori led dozens of gunmen and stormed the main headquarters of the General Authority for Insurance and Pensions in Sanaa and imposed himself as the head of the institution by force.








Compnay




Al Shabaab car bomb outside Mogadishu army base kills at least 15
Air strike kills 18 civilians in Syria’s Idlib
%d bloggers like this:
Powered by : © 2014 Systron Micronix :: Leaders in Web Hosting. All rights reserved

| About Us | Privacy Policy | Terms of Use | Disclaimer | Contact Us |