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

Parliament Reviews Bill to Designate Houthis as Terrorist Organization

The Yemeni House of Representatives on Sunday discussed a draft law designating the Houthi militia as a terrorist organization, amid continued attacks on civilians and escalating violations across Yemen.

GCC Secretary-General Welcomes UN Security Council’s Position on Houthi Attacks Against Saudi Arabia

The Secretary-General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi has expressed his appreciation for the position conveyed by members of the United Nations Security Council in their presidential statement regarding the attacks carried out by the Houthi terrorist militia against the Kingdom of Saudi Arabia.

EU Allocates 525 Million Euros to Support Startups in Chip Design

European Commissioner for Technological Sovereignty, Security and Democracy, Hana Verkonen, announced that the European Union (EU) has allocated 525 million euros to support startups in the field of chip design.

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: ، 2026/11/15 Time 10:37:11
Latest News:

Woman Killed, Eight Civilians Wounded in Houthi Sniper Attacks and Shelling in Taiz

Vice Foreign Minister Discusses Conditions of Yemeni Refugees in Djibouti

Deputy Governor of Taiz Warns of Health Sector Collapse Due to Houthi Blockade

Prime Minister Forms High-Level Committee to Oversee IMF-Supported Reform Programme

Six Civilians, Including Two Children, Two Women Injured by Terrorist Houthi Militias Attacks in Taiz

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.