YEMEN Press Agency

Saudi Arabia pays $5 million monthly to its loyalists from Yemeni oil revenues

ADEN, July 22 (YPA) – Activists loyal to Saudi-led coalition have disclosed information on the amount of money Saudi Arabia is paying to 1,485 individuals from Yemeni crude oil revenues through the National Commercial Bank of Saudi Arabia.

According to the activists, 1,485 individuals receive a total of $5,356,000 monthly from the National Commercial Bank of Saudi Arabia, derived from Yemeni crude oil revenues.

Shocking figures indicate that 220 provincial agents each receive $4,500 per month, totaling $990,000.

Additionally, 120 members of the “House of Representatives” in Aden each receive $5,500 monthly, amounting to $660,000.

The activists also reported that 600 media personnel and activists each get $2,500 monthly, totaling $1.5 million, while 300 advisors to ministers and commissioners receive $4,000 each, totaling $1.2 million per month.

They also revealed that 52 ambassadors receive $7,000 each monthly, totaling $364,000, while 52 consuls get $4,500 each, totaling $234,000 per month.

Furthermore, 111 individuals affiliated with the ministers in the pro-coalition puppet government each receive $3,000 monthly, totaling $333,000. Meanwhile, 30 employees of the so-called “Prime Minister’s Office” receive $2,500 each, totaling $75,000.

In July 2023, Ahmed Hajer, the Undersecretary of the Ministry of Finance for Planning in the Sana’a government, confirmed that Saudi Arabia has been holding more than $13 billion from the Yemeni crude oil revenues at the National Commercial Bank of Saudi Arabia since 2016.

Meanwhile, the International Center for Journalists published a report in 2022 titled “Figures of Yemeni Crude Oil Exports,” which revealed that from 2016 until the end of 2021, exports amounted to approximately 189,170,730 barrels, generating a total revenue of $13,025,761,831.

Thus, over 13 billion US dollars worth of Yemeni revenue is directly being withheld or siphoned off from the treasury, at a time when millions of Yemenis are suffering from food insecurity and precarious living conditions.

 

@E.Y.M