Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Israeli PM Benjamin Netanyahu: We are going to take control of the entire Strip's territory.
Resistance source to Al Mayadeen: Israeli special force assassinated commander in al-Nasser Salah al-Din Brigades Ahmad Kamel Serhan in his home in Khan Younis.
Al Mayadeen's correspondent in Gaza: Indonesian Hospital still besieged, now out of service along with all hospitals north of the Strip.
Al-Dali: Talk of assassinating the Palestinian leader reveals occupation's failure to detain him to collect vital, strategic information on Resistance's operations.
Military expert Hani al-Dali: It seems that goal of Israeli operation was to detain [Resistance] leader Ahmad Serhan to gather vital information.
Al Mayadeen's Bureau chief in occupied Palestine: What happened in Khan Younis is an Israeli security, intelligence failure.
Al Mayadeen's correspondent: Force failed to achieve its objective, killing a Palestinian citizen and kidnapping his wife and children.
Al Mayadeen's correspondent in Gaza: Information suggests that Israeli force, disguised in women's clothing, attempted to arrive at location of Israeli captives north of Khan Younis.
Al Mayadeen's correspondent in Gaza: 160 martyrs arrived at hospitals since dawn.
Al Mayadeen's correspondent: Information received suggests that occupation failed to achieve objective of fire belts in Khan Younis.

Sanaa issues deadline for companies to stop looting Yemen's wealth

  • By Al Mayadeen English
  • Source: Al Mayadeen Net
  • 1 Oct 2022 22:14
3 Min Read

The Supreme Economic Committee in the Sanaa government sends letters to companies and entities concerned with the looting of Yemeni sovereign wealth demanding them to stop the looting and holding them fully responsible in the event of non-compliance.

  • x
  • Sanaa issues deadline for companies to stop looting Yemen's wealth
    Yemenis attend a rally marking the seventh anniversary of the Saudi-led coalition's aggression on Yemen, in Sanaa, Yemen, March 26, 2022 (AP Photo/Abdulsalam Sharhan, File)

The head of the Supreme Political Council in Yemen, Mahdi Al-Mashat, issued Saturday directives to send the final official letters to all companies and entities concerned with the looting of Yemeni sovereign wealth to completely stop looting.

In turn, the Supreme Economic Committee of the Sanaa government sent a notice to all companies and entities [demanding] that they must permanently stop looting the Yemeni sovereign wealth, starting at 6 PM Sunday.

Our military forces will support the noble Yemeni people in securing their legal rights up until they do so independently of anyone else.

— Yahya Sare'e (@Yahya_Saree) October 1, 2022

"Companies and entities shall bear full responsibility in the event of non-compliance," the committee noted.

"The letters are based on the constitutional texts and Yemeni laws in force, in addition to the charters and treaties of the United Nations, especially Article No. 19 of the Yemeni constitution, which obligates the state and all members of society to protect and preserve national wealth," the committee added.

"The Republic of Yemen reserves its legal right to deal with all the looting of Yemeni wealth that took place before the 6th of Rabi' Al-Awwal 1444, corresponding to October 2, 2022, and which were carefully monitored during the past periods."

Related News

US probing elderly civilian casualty from strike on Syria: CENTCOM

India archive reveals extent of ‘colonial loot’ in royal jewelry

‌#صنعاء
اللجنة الاقتصادية العليا: نعكف حالياً بالتنسيق مع الجهات المختصة، على تحرير المخاطبات التي تتضمن إشعار كل الشركات والكيانات التي تنهب ثروات #اليمن، وبأن عليها التوقف بشكل نهائي عن نهب الثروات اليمنية السيادية ابتداءً من الساعة السادسة يوم غدً الاحد.

— علي محمد العاطفي (@4alyaman) October 1, 2022

A few days ago, Yemeni Armed Forces Spokesperson Yahya Saree advised foreign companies that plunder Yemen's wealth to take the warnings of the leader of the Yemeni Ansar Allah movement Sayyed Abdul-Malik Al-Houthi seriously.

The foreign companies that plunder our wealth should take the Revolution Leader's warning seriously,in the case that the salary and the rest of main points for the continuation of the truce are not agreed.

— Yahya Sare'e (@Yahya_Saree) September 26, 2022

The leader of the Yemeni Ansar Allah movement, Sayyed Abdul-Malik Al-Houthi mentioned in a speech on the occasion of the anniversary of the September 21 revolution that the coalition of aggression and traitors among the Yemeni people are plundering the Yemeni oil wealth and controlling the country's resources and wealth.

On August 4, the Yemeni news agency Saba reported that the Saudi-led coalition looted crude oil and gas revenues in Yemen, "equivalent to the salaries of all state employees for a period of 7 months."

On August 2, Grundberg said the warring parties agreed on extending the truce for an extra two months per the same conditions with the aim of maintaining negotiations and reaching a comprehensive truce as soon as possible.

The truce in effect in Yemen since last April 2, which was also extended on June 2, stipulates the suspension of military offensives by land, sea, and air in Yemen and across its borders, in addition to facilitating the entry of ships carrying fuel to Al-Hudaydah ports in western Yemen.

  • Looting
  • Sanaa
  • Yemen
  • Yemen's wealth

Most Read

Gaza and the logic of necropolitics: Sovereignty measured by killing

Gaza and the logic of necropolitics: Sovereignty measured by killing

  • Politics
  • 15 May 2025
Two F-35 jets arrive at it's new operational base Wednesday, Sept. 2, 2015, at Hill Air Force Base, in northern Utah. (AP)

F-35 near-misses over Yemen signal new risks for 'Israel': Forbes

  • Politics
  • 14 May 2025
Abu Obaida

Abu Obeida posts shortly after Israeli reports about his assassination

  • Palestine
  • 15 May 2025
YAF say struck 'Israel's' Ben-Gurion Airport with missiles, drones

YAF say struck 'Israel's' Ben Gurion Airport with missiles, drones

  • MENA
  • 18 May 2025

Coverage

All
Gaza prevails against genocide

Read Next

All
Israeli Prime Minister Benjamin Netanyahu looks up during a press statement at the Carmelite Monastery in the Buda Castle in Budapest, Hungary, April 3, 2025 (AP)
Politics

Under US pressure, Netanyahu allows limited Gaza aid, bypasses cabinet

A Hamas fighter in combat fatigues stands before the ceremony for the handover of Israeli captives to the Red Cross in Nuseirat, central Gaza Strip, Saturday, Feb. 22, 2025 (AP)
Politics

'Israel' commits massacres amid talks to pressure Hamas

In this photo released by the Iranian Presidency Office, President Masoud Pezeshkian speaks to navy officials, in Tehran, Iran, Saturday, May 17, 2025. (AP)
Politics

Nuclear deal with US possible if intimidation tactics stop: Pezeshkian

Israeli forces inspect the site where a projectile fired by the Yemeni Armed Forces landed in the area of Ben Gurion International Airport near Tel Aviv, occupied Palestine, on Sunday, May 4, 2025 (AP)
Politics

Yemen warns airlines against flights to Ben Gurion amid blockade

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS