Yemen central bank sanctions Houthi-affiliated businesses

AL-MUKALLA, Yemen: Yemen’s central financial institution has frozen the belongings and accounts of 12 enterprise teams and merchants for supporting or having connections with the Iran-backed Houthis.

The transfer was a part of an inventory of measures permitted by the internationally acknowledged authorities of Yemen to punish the militia for assaults on oil installations.

Ahmed Ahmed Ghaleb, head of the Aden-based central financial institution, has formally instructed native trade corporations to shut the accounts of the 12 oil and commerce organizations and businesspeople and stop doing enterprise with them.