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Economic Expert: Houthi Manipulation of Electronic Banking Services Threatens Yemen’s Economy

Yemen Monitor / Newsroom:

Economic expert Wafiq Saleh revealed that the Houthi group, through the company Yemen Net, has been manipulating banks’ electronic services. This has prevented customers from accessing applications and imposed restrictions on financial transactions.

Saleh explained that these measures are part of a continuous extortion strategy practiced by the group against various economic sectors. The aim is to create confusion in banking activity and disrupt market movement.

The expert confirmed that the fundamental solution to end these practices and the tampering harming the Yemeni economy lies in liberating the capital, Sana’a. He pointed out that any partial or temporary solutions are nothing more than mere window dressing and a postponement of the current crises.

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