Deputy Ministry of Finance for the Planning Sector in Sanaa, Ahmed Hajar, said on Monday that Yemeni oil revenues at the Saudi National Bank amounted to 13 billion dollars.
Hajar affirmed in a statement that the Yemeni oil account in the National Bank of Saudi Arabia is being subjected to the whims of Saudi finance and the Saudi ambassador. He added that there are money laundering operations that take place under the cover of Yemeni oil revenues.
Regarding the economic collapse in the coalition-held areas, he stated that the economic collapse began before the Sana’a government had prevented the looting of oil, stressing that the deteriorating economy in the south of Yemen is a goal of the coalition. The statement was made in reference to threats from the American ambassador during the Kuwait negotiations.
The US ambassador previously threatened the national delegation to the Kuwait negotiations at the beginning of 2016, a few months before the decision to transfer the headquarters of the Central Bank, to make the national currency not worth the ink that it was printed on.
Hajar also confirmed that the economic policies of the Sana’a government prevented the economic collapse that the coalition countries pushed for since the transfer of the functions of the central bank from the capital, Sana’a, in 2016
