Deposed Yemeni president’s son in fraud allegations
A report by the International Committee for sanctions has accused the son of ousted president Saleh of being involved in money laundering operations
A report by the International Committee for sanctions in Yemen has accused the son of ousted president, Ali Abdullah Saleh of being involved in money laundering operations. It also claimed he has provided facilities for his father to gain access to financial sources to destabilize the security of Yemen. The authors of the report have also listed various violations committed by Houthi leaders.
In 2015, a panel of UN experts released a report saying that during Saleh’s 33-year reign as Yemen’s president - one of the poorest countries in the Middle East - he amassed a fortune worth between $30 billion and $62 billion. The wealth, according to UN reports, was gained illegally and through financial networks operating in several countries.
The latest reports of the UN committee monitoring sanctions on Yemen, pointed to the active role played by Saleh’s second son, Khalid. The report referred to evidence showing the involvement of Khaled in suspicious money laundering and financial transfers for the benefit of his father and his older brother Ahmed.
Other evidence reveals Khaled ignored sanctions imposed by the UN Security Council against his father in 2015.
The report stressed that Yemen is approaching a “point of no return” as a result of the Houthis and their allies as they continue to impose their control of parts of the war-torn country. Houthi violations were also mentioned in the report with regards to violating the arms embargo by obtaining weapons from Iran.