Pro-coalition government official reveals scandal on Aden’s central bank

ADEN, Aug. 30 (YPA) – An official in the government loyal to the Saudi-led coalition revealed on Tuesday a loud scandal, noting that the central bank in Aden was empty of funds.

The director of the Office of Industry and Commerce in Al-Mansoura district, Faisal Muhammad, explained that exchange companies are the ones who manage money in the provinces under the control of the coalition.

“Aden Al-Ghad” newspaper quoted the director of the industry office as saying: “The rise in food and consumer prices is due to the continuous collapse of the value of the Yemeni riyal in the areas of the Aden government and the scarcity of resources as a result of preventing the export of oil and gas.”

A recent report issued by the pro-coalition parliament revealed that citizens’ living conditions have deteriorated due to the economic collapse and the corruption of the pro-coalition government, particularly in the electricity, communications, and revenue sectors.

YPA