Its revenues are in billions.. Houthi funds to enrich militia leaders
English - Monday 20 February 2023 الساعة 09:30 am![](https://newsyemen.life/admin/images/uploads/766e84f21dbf64865a6c4e2f99908ed6.webp)
The revenues of the funds established by the Houthi coup militia, which are estimated at billions of riyals annually, have turned into special budgets with which Iran’s arm in Yemen feeds its fronts and its militants, and the leaders and officials of the terrorist militia spend them on buying land and real estate and establishing private companies, in other than the legal aspects for which these funds were established. without censorship, accountability, or scruples of conscience or religion.
After its control of state institutions, the pro-Iranian militia established a number of special funds, most notably: the “Cancer Control Fund” and the “Hudaydah Governorate Support and Development Fund.” It imposed fees on all imports of fuel, gas, basic materials, food commodities, cigarettes, cement, telecommunications companies, and others. Under the pretext of supporting these funds, their resources go to enrich the militia leaders, while the targeted parties and groups were denied the support of these funds.
In 2017, the Houthi militia established the “Fund for Electricity and Development of Al-Hodeidah Governorate,” and imposed fees in favor of supporting the fund on every liter of oil and a customs parcel that arrives through the ports of Al-Hodeidah and Saleef, where the militia earns billions of riyals annually, in exchange for fees supporting what they called the “Fund for Electricity Support and Development of Al-Hodeidah.”
According to informed sources, the coup militia receives about 7 billion riyals annually from the fees it imposes to support the Hodeidah Electricity Fund, while the governorate and its people are suffering due to high electricity prices and power outages from medical facilities, and the Fund does not play any role even though it was established for this purpose.
The sources indicated that the revenues of the Hodeidah Electricity Support Fund come from the sums of money that are imposed by the militia on ships arriving at the ports of Hodeidah and Saleef, at 5 riyals on each customs parcel, and 8 riyals on each liter of fuel, as the militia leaders in Hodeidah reap what Approximately 40 million riyals per day.
The Iranian arm in Yemen had stopped buying diesel fuel, which caused a power outage in medical facilities in the city of Hodeidah, and the death of dozens of patients with kidney failure, as the militia withdraws amounts from the Fund’s account in cash from the Central Bank branch, and deposits them in special accounts in some commercial banks.
Last year, UN reports stated that the militia received about 1.6 million tons of fuel, through the ports of Hodeidah and Saleef, during the third quarter of 2022. This means that the militia will receive an amount of 12.8 billion riyals in exchange for support fees for the Hodeidah Electricity Fund, in only 3 months.
In 2018, the terrorist militia established the “Cancer Fighting Fund,” claiming that it is for supporting efforts to combat and prevent cancer, and handed its management over to the leader of the militia, Abdul Salam al-Madani, while the task of supervising it was entrusted to the Minister of Health in their unrecognized government, Taha al-Mutawakel.
According to the sources, cancer patients suffer in front of cancer treatment centers because the required treatments are not provided, because the “Cancer Fighting Fund” did not disburse these treatments regularly, which caused severe suffering to patients, which led to the death of some of them.