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BREAKING: UAE-backed STC militias in Yemen conduct major heist stealing over 319 million USD in cash

Aspen

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The UAE-backed Southern Transitional Council (STC) militias seized seven containers full of printed money (80 billion Rials) in Russia belonging to Bank in Hadi’s government in the southern port city of Aden, local sources reported.

The money was transferred to (Jabal Hadid) camp in (Khor Maksar), sources added

In the same context, the so-called economic committee loyal to the STC said, in a statement, that it has seized a number of containers carrying new money to speculate on the local currency in the black market, which is experiencing a major collapse.

According to the statement, Hadi’s government was planning to send it for terrorist forces in order to cause chaos in the southern provinces.”

https://www.yemenpress.org/yemen/st...s-seven-containers-full-of-money-in-adenvideo
 
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The UAE-backed Southern Transitional Council (STC) militias seized seven containers full of printed money (80 billion Rials) in Russia belonging to Bank in Hadi’s government in the southern port city of Aden, local sources reported.

The money was transferred to (Jabal Hadid) camp in (Khor Maksar), sources added

In the same context, the so-called economic committee loyal to the STC said, in a statement, that it has seized a number of containers carrying new money to speculate on the local currency in the black market, which is experiencing a major collapse.

According to the statement, Hadi’s government was planning to send it for terrorist forces in order to cause chaos in the southern provinces.”

https://www.yemenpress.org/yemen/st...s-seven-containers-full-of-money-in-adenvideo

Again, in Russia. Interesting.
 
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What is left in Yemen? Its a bankrupt country where tribes and sects are fighting for power.
they are avilable for rent too those whom can pay them can use them.complete example of failed country
 
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I dont understand UAE support for STC. This support will lead yemen to be divided. This will enable creation of a shia state, causing problems for whole GCC.
 
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319m$?! Respect...

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I did not read the news, this was my instant reaction but yeah it's nothing for the UAE...

If I was Yemeni gov't or Houthi, I would immediately raid Khor Maksar and take all this money before it gets shipped out to UAE.

Imagine what Houthis could do with $255 million

Here is article from Sputnik:

The south Yemeni secessionist movement seeks to undo the Yemeni unification of 1990 and restore a separate independent state of South Yemen.

Separatists from the Southern Transitional Council in southern Yemen took control of 64 billion Yemeni riyals (equivalent to roughly $255.5 million US) on Saturday, with a convoy carrying the cash intended for the central bank in Aden commandeered by militia and redirected to a nearby military base.

In a statement cited by Reuters, the STC, which controls Aden, called the action “part of several measures to end sources of corruption and to prevent the use of public money in supporting terrorism…by some leaders of the Yemeni government.”
In addition, the STC said that the seizure was aimed at preventing the further depreciation of the currency, which it says will now be used to aid governance in areas under its control.

The Saudi-backed Yemeni government denounced the seizure as an act of “piracy.”
The move comes amid escalating tensions between the STC and the Saudi-backed government of Abdrabbuh Mansur Hadi. Both parties had formally agreed to put aside their differences to fight the Houthi militia in November 2019. However, in May, the STC accused the Hadi government of violating the peace agreement.

The STC seeks to restore the state of South Yemen, formerly the People’s Democratic Republic of Yemen, the Cold War state which ceased to exist in 1990 when the country unified.

Now in its sixth year, the civil war in Yemen has caused the deaths of over 100,000 people, with the UN estimating that 75 of the country’s population is in dire need of humanitarian aid amid the Saudi-led coalition’s blockade of Houthi-controlled population centers.


https://sputniknews.com/middleeast/...-seize-convoy-carrying-64-bln-riyals-in-cash/
 
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I dont understand UAE support for STC. This support will lead yemen to be divided. This will enable creation of a shia state, causing problems for whole GCC.
Do you see a contradiction? The rulers get higher material gains for themselves during wars — a maxim of dialectical materialism. If they can make more cash on Yamen, than that Shia state will cost them, then profit!

Biggest mistake is trying to understand UAE foreign policy in the first place, it never makes sense
I'd say, UAE are the most eccentric kinds of Arabs. Kind of random, kind of overly original.
 
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