Aden’s Attorney General orders asset freeze on STC

ADEN, June 17 (YPA) – The Attorney General in the Saudi-backed government in Aden, Qaher Mustafa, issued a decree on Wednesday ordering a comprehensive precautionary freeze on all funds and bank accounts belonging to the dissolved UAE-backed “Southern Transitional Council (STC).

The decision mandates all banks, financial institutions, and currency exchange firms to freeze the STC’s assets and prohibits any withdrawals, transfers, or financial transactions until further notice. The decree further directs the Central Bank of Aden to expedite the implementation and provide the prosecution with detailed statements regarding the STC’s accounts.

According to a statement from the Attorney General’s office, the measure is a temporary precautionary step aimed at “protecting public funds and ensuring the integrity of legal proceedings” pending the completion of ongoing investigations.

The prosecution stated that the freeze is based on sufficient indicators linking the funds to cases currently under investigation.

The financial restrictions follow a statement by Saudi-backed government’s Representative to the United Nations, Abdullah Al-Saadi, during a UN Security Council briefing on Tuesday. Al-Saadi called for expanding the sanctions list to include STC President Aidarous al-Zubaidi, alongside other figures and entities loyal to the UAE, citing allegations of practices that threaten security and stability in southern Yemen.

YPA