IBY pays Y.R one million daily for Houthis

English - Thursday 31 January 2019 الساعة 08:25 pm
Sana'a - NewsYemen.net

Informed source said to Newsyemen that the International Bank of Yemen (IBY) paid Y.R 1 million per a day for the Houthi militias in return of exercising its usual activities.

The source, who asked not to be identified, said that the militias threatened the bank to stop some of its services and banking activities, which forced the bank to pay Y.R 1 million a day.

The million per a day does not register under any tax or legal obligations.