YEMEN Press Agency

Sanaa warns citizens against dealing with any entities to invest funds

SANAA, Feb. 27 (YPA) – Ministry of Industry and Trade and the Central Bank of Yemen have warned citizens against dealing with any entities that are not authorized to invest money.

The ministry and the bank in a joint statement on Saturday affirmed that they have not granted any licenses to any company, institution or individuals to work in the field of investing money or selling investment shares or allowing any entities to receive sums of money for investment in activities violating the relevant laws with the intention of obtaining profits.

The statement stressed that the Ministry and the Bank would take deterrent measures against any practice of such illegal actions, for protecting citizens from these fictitious entities.