Yemen will not transfer profits made from energy exports into Saudi bank

Yemen will not transfer profits made from energy exports into Saudi bank

Jul 24, 2023 - 15:58
Jul 24, 2023 - 11:18
Yemen will not transfer profits made from energy exports into Saudi bank
Yemen will not transfer profits made from energy exports into Saudi bank

The Yemeni government has rejected a proposal by Riyadh to transfer money that was proceeds from oil and gas exports to the Saudi National Bank in exchange for the kingdom's payment of public sector salaries in Yemen. Mahdi al-Mashat, head of Yemen's Supreme Political Council, held the United States responsible for the obstacles created by Saudi Arabia in paying the salaries of civil servants in areas controlled by the Ansarullah movement, the Yemeni television network al-Masirah reported Sunday. "What the Saudis want is to loot our oil wealth, transfer it to the Saudi National Bank and give charity money to our employees, which is rejected," he said. "God willing, we will try to pay salaries in the future and win them back from the enemy."