Eryani warns of biggest Houthi looting of Yemeni citizens' savings in history

President al-Alimi Praises Parliament's Support Toward De-escalation Efforts in Eastern Governorates

His Excellency President Dr. Rashad al-Alimi, the Chairman of the Presidential Leadership Council, met Thursday with the Speaker of the Parliament Sheikh Sultan al-Barakani and members of the Parliament,s Presidency Mohammed al-Shaddadi and Mohsen Basurah to consult on national developments.

Massive 7.0 Magnitude Earthquake Strikes Alaska, USA

A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).

Oil rises in early Asian trading

Oil prices rose up nearly a dollar in early Asian trading today, Thursday, after U.S. President Donald Trump announced a ban on the entry and exit of oil tankers to and from Venezuela.

CAF Unveils Official Mascot for 2025 Africa Cup of Nations in Morocco

The Confederation of African Football (CAF) and the Local Organizing Committee unveiled the official mascot for the 2025 Africa Cup of Nations in Morocco, named "Asad" (Lion), embodying a symbol of African pride and passion for football.

Last Update: ، 2025/12/19 Time 04:23:42
Latest News:

President al-Alimi Praises Parliament's Support Toward De-escalation Efforts in Eastern Governorates

Leadership Council Chairman Reaffirms Full Support for Hadramout Governorate Authorities

Taiz Governor Directs Formation Committee to Prepare Plan to Address Water Crisis

Al-Arada Discusses Latest Developments with U.S. Ambassador

National Authority Condemns Houthi Death Sentences Against 3 Abductees

Eryani warns of biggest Houthi looting of Yemeni citizens' savings in history

[21/12/2019 02:28]

RIYADH-SABA
Minister of Information Muammar al-Eryani warned on Saturday of the Houthi Houthi militia's confiscation of Yemeni citizens' savings "in the biggest organized looting" of its kind in history.

In a statement to Saba, al-Eryani said the Sana'a-based militia is now forcing the citizens in their areas of control to turn in the newly printed Riyal banknotes in their possession under the pretext of that money's illegality in return for the empty promise of recompensing them with electronic money instead. "The militia's distribution of Compensation for Illegal Banknotes forms is meant to get the citizens to turn in all their savings in return for e-money has no legal or financial credibility," he said.

Al-Eryani warned money exchangers and other businesses of being duped by the militia's trick for illicit enrichment and raising funds to perpetuate the armed insurgency of the Iran-aligned sectarian militia.