Top Stories $1.7 billion was looted..a report documenting the militia’s seizure of dozens of companies and institutions in Sana’a

$1.7 billion was looted..a report documenting the militia’s seizure of dozens of companies and institutions in Sana’a





detect report Recent looting carried out by the Houthi militia through armed force on the orders of the judicial authorities, during the past seven years.

The report issued by the Sam Organization for Rights and Freedoms, entitled “The Guardian’s fiefdom and the deception machine”, documented the seizure by the militia’s “judicial guard” of more than (1.7) billion dollars in the value of money imports, companies, institutions and associations.

The report also documented, the total value of money and revenues seized from assets, real estate and movables exceeded two billion dollars.

The report collected the names of more than (38) major companies, institutions, universities and hospitals, which were seized by the judicial guard, and/or managed/exported/guarded in the capital, Sana’a alone.

The organization’s report indicated that the means and effects of looting and burglary of property correspond to the war economy and money laundering, as it involves fraud, robbery, extortion, and deliberate violence to control profitable assets, investing the looted money in tradable activities, and exploiting the labor force in looted property.

The report monitored more than (23) leaders in the group working for the judicial guard and following his orders in looting and managing the funds of the companies it investigated in the capital, Sana’a only. His agents are in Sana’a.

The report stressed that what these institutions are exposed to affects the national economy, and disrupts public resources such as taxes and zakat, and social benefits of public interest in favor of armed parties that have diverted the proceeds for the benefit of their military operations and/or the interests of their leaders.

The organization explained that this report seeks to refute the misleading information disseminated by the militias before and after the looting of the funds of opponents and opponents, and to clarify the truth for those interested that what the de-facto authorities practice in Sana’a falls within the framework of looting and has nothing to do with the legitimacy that they are trying to confer on their actions through their control and influence. on the elimination device.

The report indicated that the organization had allocated a project for this since October 2021, in which it worked with double effort and communicated with many parties, and reached many facts, pointing out that the report reveals the extent of the reality of looting carried out by the militias, but it does not cover all the practices that were committed during the years. past.

The report was based on the testimonies of the victims and their relatives or those associated with them, and on what it collected of documents and information, audio and video recordings, in addition to what the group published about the money it had confiscated or appointed judicial guards for, in addition to what was published by research centers and news agencies of facts and analyzes based on on credible information.

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