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

Government Sends Letter to SC Warns UN of Houthi Threats to International Civil Aviation

The government has warned of a serious threat to the safety and security of international civil aviation over the southern Red Sea, following the reported use by the Houthi militia of Iranian-origin weapons launched from areas under its control in Hodeidah toward international air routes.

Second Day of International Media Forum on Islamic Civilization Kicks Off in Tashkent

The second day of the International Media Forum “Islamic Civilization: A New Perspective – New Discoveries” commenced today, Wednesday, at the Center for Islamic Civilization in the Uzbek capital, Tashkent.

Gold Rises Over 1 Percent

Gold prices rose more than one percent today, Thursday, as investors digested the U.S. interest rate hike and hints of further monetary tightening, while the rally in oil prices came to a halt.

Al Nassr Beat Al Fateh 3-0 in Saudi Football League

Al Nassr defeated Al Fateh 3-0 in the opening round of the Saudi Pro League, known as the Roshn Saudi League.

Last Update: ، 2026/10/01 Time 04:47:57
Latest News:

Ambassador Mojawwar: Red Sea Security, Stability Depend on Restoring Yemen’s State Institutions and ..

State Minister, WHO Discuss Health Response for Displaced People

Foreign Minister Discusses Yemen Developments, Bilateral Cooperation with Turkish Envoy

Saudi Arabia Reaffirms Full Support for Yemeni Government to Restore State Authority

Denmark’s New Ambassador Presents Credentials to Yemen’s Foreign Minister

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.