The Southern Transitional Council STC militia is carrying out systematic looting of Yemen government resources in Aden and other southern governorates, “Alquds ALarabi” newspaper warned on Friday.
The London-based newspaper quoted economic sources as saying that the council confiscated government financial revenues and transferred them to bank accounts belonging to the STC.
The newspaper explained that “the STC is looting of government resources allocated to the governorate of Aden and other southern governorates under its control, with the power of arms and with military and logistical support from the United Arab Emirates.”
The newspaper warned that “if this plunder of financial resources continued, the governorate of Aden and the southern governorates will witness a severe economic crisis and a major collapse of the local currency value.”