After plundering a million dollars, the Houthis reduce the profits of postal deposits to 14%
English - Wednesday 28 April 2021 الساعة 01:34 pm
Sana'a, NewsYemen, Exclusive:
Confirmation of the news that (NewsYemen) was alone, last week, that the Houthi militia, the Iranian arm in Yemen, deducted an amount of up to one million dollars (equivalent to 600 million Yemeni riyals) from the revenues of the Ministry of Communications and Information Technology, institutions and bodies affiliated to it and disbursed them as aid and gratuities to leaders The Houthi militia in Saada Governorate ... The General Authority for Post and Postal Savings announced, on Sunday, the distribution of the profits of the Postal Savings Fund for the year 2020, at a low rate not exceeding 14%, compared to a profit rate of 15.60% in the year preceding it 2019 and 15.50% in the year 2018.
The authority boasted that it distributed the highest percentage of profits for more than a decade, which Yemeni banks and banks had not achieved, and in some years it exceeded 16% before the Houthi militia took control of state institutions after its armed coup on September 21, 2014.
This reduction reflects that the leadership of the coup militia looted approximately 2% of the benefits of 2020 due to citizens and commercial companies deposited with the Postal Savings Fund in all Yemeni governorates.
This low percentage of profits this year was announced in a different way through a brief announcement on the mail pages and the Ministry of Electronic Communications, and on social media without announcing the annual accounting report for the postal activity in an official ceremony and through the official media, in accordance with the annual custom and the requirements of financial transparency. For the activities of banking institutions according to the laws in force.
In the last announcement of the profits of the year before last 2019, the director of the Postal Savings Fund, Faiz Saif Abdo, explained that the net profits of the fund distributable for the past year amounted to 15 billion 63 million and 714 thousand riyals, an increase of 2 billion 455 million and 860 thousand riyals over 2018.
He pointed out that the fund's assets amounted to 69 billion and 184 million and 293 thousand riyals, an increase of eight billion and 824 million and 470 thousand riyals from 2018, while the new deposits amounted to 3 billion 923 million and 449 thousand riyals, an increase of 920 million and 382 thousand riyals for the same period.
This secrecy comes in an effort to conceal the volume of real revenues so that the legal percentage that was supposed to be distributed to depositors in the mailbox is not clear and to conceal the embezzlement carried out by the Houthi militia represented by the Minister of Communications in the coup government, Mesfer Abdullah Al-Numair and his deputy, Dr. Hashem Al-Shami, two Houthi leaders racing to loot The ministry’s resources are to be used for the war effort of the coup militia and for personal investments by Houthi leaders, according to NewsYemen in the Ministry of Communications.
Those sources had revealed to NewsYemen that the Houthi militia had disbursed large sums of money from the Ministry’s revenues as aid and gratuities to the leaders of the Houthi militia in Saada Governorate.
These sources told NewsYemen: The disbursement process, which took place under the directives of the minister and his deputy, came after they received orders from the militia leader, Abdul-Malik Al-Houthi, that the ministry should carry out its duty to support and support those he called the Mujahideen of Saada, its martyrs and their wounded, and fulfill their sacrifices by paying them a Ramadan gratuity in the name of the militia leader.
According to the sources, the minister and his deputy, who are two Houthi leaders, have deducted an amount of up to one million dollars (equivalent to 600 million Yemeni riyals) from the revenues of the various sectors of the ministry that reap large financial profits in return for providing wired telephone services (fixed phone) and international telecommunications services ( TeleYemen), mobile phone services (Yemen Mobile), internet and postal services.
According to those sources, the amount was transferred to a special account in the Cooperative and Agricultural Credit Bank, the main center in the capital, Sana'a, which in turn transferred the amount to a special account for its branch in Saada governorate in order to facilitate the receipt of those who would receive financial aid for it in the city of Saada itself, noting that The beneficiaries of the aid and the size of the sums they receive are according to the lists sent from the office of the militia leader, Abdul-Malik Al-Houthi, under the name of Ramadan Mukarramah for the people of Saada.
According to the sources, the exchange operations are carried out for families and certain personalities, all of whom are from the family and relatives of the militia leader, Abdul-Malik al-Houthi, and the Hashemites of Saada, who are close to the militia leader and who manage his security and intelligence apparatus.
The sources emphasized that this matter is being done in complete secrecy for fear of a protest reaction that may be carried out by affiliates and employees of the Ministry of Communications and Information Technology and its various sectors due to the confiscation and digestion of their rights by the leadership of the Houthi Ministry, and its refusal to spend any aid or gratitude for Ramadan to them, not to mention protest The resentment of the rest of the people of the other provinces under the control of the militias, who will see that the preference for the people of Saada over them by the militia leadership reveals the truth of the racial and regional view practiced by the militias from their leader to the youngest leaders belonging to Saada towards the people of other provinces, even if they are leaders, followers and fighters of these militias.
The plunder of funds belonging to the public sector by the Houthi militia comes at a time when the militias continue to refuse to hand over the salaries of employees on a monthly basis in their areas of control for about five years, and to limit them to the payment of half the salary every half year, while the sources confirm that the collections that the militias carry out legally or otherwise Legal, up to astronomical amounts annually.
And international reports have previously confirmed the control and plunder of the coup militia up to nearly two billion dollars in revenues and levies and disbursed for the benefit of its leaders and for the benefit of what it calls the war effort.
It is worth noting that there is an escalating conflict between those affiliated with the family of the militia leader and the Hashemites of Saada against the Hashemites of other provinces, led by Sanaa, Dhamar and Ibb, as the relatives of the militia leader and Hashemites from Saada now control most if not all of the positions and joints of state institutions in the capital, Sanaa, and their areas of control, especially the institutions of interest. The wanton nature, while many Hashemites from other governorates who have topped the scene of supporting the militias since their coup against power and their control of state institutions by force on September 21, 2014 CE, were excluded, after the militia leadership had entrusted them with managing some ministries and state institutions for a limited period.
