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2026/06/25
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Latest News:
Republican Decree Forming Supreme Tender, Auction Committee Issued
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Minister of Public Works, Japanese Ambassador Inspect Rehabilitation Project of al-Khamsin Street in ..
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Latest News:
Republican Decree Forming Supreme Tender, Auction Committee Issued
Republican Decree for Establishing General Authority for War Wounded Affairs Issued
Minister of Public Works, Japanese Ambassador Inspect Rehabilitation Project of al-Khamsin Street in ..
Finance Minister Seeks Expanded Japanese Support for Reform Efforts and Debt Relief
Minister of Planning Discusses with Japanese Ambassador Technical, Economic Support for Yemen
Yemen's Central Bank warns of fake bill use
[27/05/2017 08:11]
ADEN- SABA
The governor of the Central Bank of Yemen announced that the security authorities have arrested a number of cardboard boxes containing imitation bills of the Yemeni Rials currency, in YR 5,000 banknotes. The notes are designed as cashier's cheques.
"A fraud like this is a criminal violation of the law," said the bank's governor, Munassar Al-Quayti.
It is believed that the rebel Houthi gangs in Sana'a are behind this forgery, said Al-Quayti.
"Earlier, these gangs had previously issued vouchers that bear various values of no legal status and put them into circulation to deprive the victims of their financial rights and waste their wealth."
We warn that this paper money is fake and all its users are liable to big loss, he said. The CBY urged all people to avoid such bills, vouchers and cheques for the preservation of their money and for the safety of the national economy.
The governor of the Central Bank of Yemen announced that the security authorities have arrested a number of cardboard boxes containing imitation bills of the Yemeni Rials currency, in YR 5,000 banknotes. The notes are designed as cashier's cheques.
"A fraud like this is a criminal violation of the law," said the bank's governor, Munassar Al-Quayti.
It is believed that the rebel Houthi gangs in Sana'a are behind this forgery, said Al-Quayti.
"Earlier, these gangs had previously issued vouchers that bear various values of no legal status and put them into circulation to deprive the victims of their financial rights and waste their wealth."
We warn that this paper money is fake and all its users are liable to big loss, he said. The CBY urged all people to avoid such bills, vouchers and cheques for the preservation of their money and for the safety of the national economy.
Key words:
"Earlier - preservation - SABA The - circulation - authorities - previously - containing - financial - violation - banknotes -
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