32 billion Yemeni riyals and 636 million Saudis... Hadi's wealth is in one bank

English - Wednesday 30 June 2021 الساعة 09:12 pm
Aden, NewsYemen, Exclusive:

The Houthi militia, the Iranian arm in Yemen, confiscated more than 31 billion Yemeni riyals, and 636 million Saudi riyals, from three accounts of interim President Abd Rabbo Mansour Hadi in the International Islamic Solidarity Bank.

 The Specialized Criminal Court, affiliated with the Houthis, addressed, in an official memorandum, seen by NewsYemen, the director of Al-Tadamun Islamic Bank, to transfer the confiscated funds from Hadi’s accounts with him, to an account in the central bank under the control of the militia in Sana’a.

The document revealed that President Hadi owns an amount of 31,289,623,900 Yemeni riyals in a bank portfolio at Tadhamon Bank, and 636,221,984.25 Saudi riyals in a current account, in addition to 907,722,643.44 Yemeni riyals, in a third account for "Hadi", in the same bank.

A few days ago, the Houthi militia seized the balances of Al-Thiqa Islamic International Bank, to pressure it, to hand it over one billion Saudi riyals, which the interim President Abd Rabbo Mansour Hadi deposited in a special account in 2012.

The amount is a financial grant to Yemen, provided by the late Saudi King Abdullah bin Abdulaziz, but Hadi acquired it and deposited it in his name in the bank owned by the Hayel Saeed Anam Group.

The Houthi militia issued a court ruling through a subsidiary court in Sanaa, to confiscate the funds of the interim president, Abd Rabbo Mansour Hadi, and oblige the bank to hand over the amount in cash.