President of the Supreme Political Council, Mahdi Al-Mashat, on Saturday issued directives to edit final official correspondences to all companies and entities related to the looting of Yemeni sovereign wealth to stop the looting operations completely.
A statement issued by the Supreme Economic Committee in Sana’a stated that the committee is currently working, in coordination with the competent authorities, to edit those correspondences, which include a notification to all companies and entities, that they must permanently stop looting Yemeni sovereign wealth starting from 6:00pm (Sana’a local time, Sunday, The 6th of Rabi’ Al-Awwal, 1444 AH, corresponding to October 2, 2022, provided that companies or entities bear full responsibility in the event of non-compliance.
The committee indicated that the correspondences that will be addressed to companies and entities involved in looting Yemeni wealth will be based on the constitutional texts and Yemeni laws in force, and the charters and treaties of the United Nations, especially Article No. 19 of the Yemeni constitution, which obligates the state and all members of society to protect and preserve national wealth.
The statement confirmed that the Republic of Yemen reserves its legal right to deal with all the looting of Yemeni wealth that took place before the 6th of Rabi’ al-Awwal 1444 AH corresponding to October 2, 2022, which was carefully monitored during the past periods.
