Informed sources have revealed a major corruption scandal involving Hadi puppet government Prime Minister, Moeen Abdul-Malik, estimated at more than $122 million.
The sources confirmed that Moeen Abdul-Malik made a corrupt deal with a department of a corporation named Bezom, which he owns together with his business partner Nazim al-Saghir, to rent a power plant on a floating steamer to provide Aden with 100MW of electricity.
A document issued by the Minister of Finance on March 28, 2022 confirmed the absolute rejection of the deal, which set the price of 4.25 cents per K.W. for three years, indicating that the price in this case is supposed to be a Build-Own-Operate contract.
The document explained that the contract did not clarify the fuel liability for the company or the Yemeni government for three years.
In September 2021, Former Transport Minister Saleh al-Jabwani said that the Ministry of Electricity refused to pass a deal that would have it sign a $122 million power lease. Other sources confirmed that the actual value of the energy purchased did not exceed $6 million.