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Khabar Agency
16-07-2025
- Business
- Khabar Agency
Yemeni Central Bank: Houthi Militia Circulates Counterfeit Currency with Terrorist Signature, Warns Citizens, Companies, and Banks Against Its Use
On Tuesday evening, the Yemeni Central Bank accused the terrorist Houthi militia of committing a new crime against the national economy by printing counterfeit 200-riyal banknotes bearing the signature of an individual fraudulently posing as a legal authority—a figure classified on terrorism lists. The bank stated that the militia has already begun circulating these notes through its controlled branch in the hijacked capital, Sana'a. In an official statement, the bank clarified that this move coincides with the militia's announcement of its intent to introduce this counterfeit currency in its areas of influence on Wednesday, July 16, less than 72 hours after issuing a new 50-riyal coin. This, the bank stressed, exposes the militia's systematic intent to fatally undermine Yemen's financial and economic system. The bank affirmed that these actions are an extension of the Houthi militia's policy of looting and counterfeiting, aimed at financing its illegal financial networks and shell institutions, which operate without monetary cover or legitimacy. This has led to the uncontrolled injection of trillions in local currency and billions in foreign currencies, devoid of proper banking oversight or regulation. The statement described these reckless measures as evidence of the militia's severe economic vulnerability and its desperate attempts to delay an imminent financial collapse through illicit means. It warned that such policies could trigger widespread public backlash due to the destruction of Yemenis' livelihoods and the plundering of their savings. The Central Bank urged all citizens, financial and banking institutions, and exchange companies to refrain from handling these counterfeit notes in any form or accepting them in financial settlements, as they are issued by an illegitimate entity classified as terrorist. Dealing with such currency, the bank cautioned, exposes violators to legal accountability and penalties under relevant local and international laws. The statement noted that the Aden-based Central Bank had worked in recent years to keep financial and banking channels open with Houthi-controlled areas, in coordination with allied and friendly nations, to ensure continued financial services for citizens there. However, the militia's insistence on sabotaging the monetary system threatens these efforts and risks triggering international sanctions. The bank concluded by holding the Houthi militia fully responsible—legally and financially—for its economic crimes and their catastrophic repercussions on citizens, institutions, and Yemen's relations with regional and international financial systems.
Saba Yemen
31-05-2025
- Politics
- Saba Yemen
Civil Aviation Authority condemns Yemen Airways' Aden Branch decision to reject tickets issued in Sana'a
Sana'a - SABA: The General Authority of Civil Aviation and Meteorology has strongly condemned the recent directive issued by the Aden-based management of Yemen Airways, which prohibits accepting tickets issued in the capital, Sana'a, or making any changes or confirmations to such bookings. The directive also threatens legal accountability for any violations. In a statement received by the Yemeni News Agency (SABA), the Authority declared the directive to be in clear violation of civil aviation laws and a blatant infringement on the rights of Yemeni citizens. The statement emphasized that those most affected by this decision are patients stranded abroad who are already facing dire economic and living conditions, making it difficult for them to purchase new tickets. It further asserted that internal administrative disputes within the airline should not be resolved at the expense of ordinary citizens, especially considering that Yemen Airways is the only national carrier and is collectively owned by the Yemeni people. The Authority called on the airline's management in Aden to uphold its national and legal responsibilities and not to become a tool for enacting retaliatory policies that harm the interests and dignity of Yemenis. The Civil Aviation and Meteorology Authority urged the Aden branch of Yemen Airways to immediately rescind this directive unconditionally and to separate public service from internal conflicts. It also called for urgent measures to ensure the continuity of aviation services for all Yemenis without discrimination. Whatsapp Telegram Email Print more of (Local)
