The P.T.O.C.Yemen Center report reveals a secret financial network for Houthis that includes 200 companies

special
The new report issued by the P.T.O.C.Yemen Center for Research and Specialized Studies reveals the establishment of the pro -Iranian Houthi militia, a secret financial network that enables it to finance its military operations and enhance its economic and political influence within a parallel economy.
The third part of the "Secret Houthi Financial Entars" report documents the establishment of the Houthis about 200 new companies in various economic sectors, registered with the names of personalities loyal to them or close to their leaders, with the aim of circumventing international sanctions and restrictions imposed on the entities associated with them, since the outbreak of the conflict and the invasion of the capital, Sanaa and several governorates in September 2014 and the subsequent war in March year 2015.
These companies work in vital areas such as exchange, trade, import and export, real estate, and energy, benefiting from the absence of government control due to the war. The scope, and the transfer of funds between home and abroad away from the eyes of the regulators. It is fully controlled. On imports, what gave them a huge source of income, in addition to using these ports to facilitate the smuggling of money and goods, including weapons and equipment that supports their war effort. The scenes, as the list of companies speaking about the extent of the penetration the group has reached in the national economy, and the extent of its ability to transfer resources in their favor at the expense of the suffering of citizens. The Yemeni Oman Communications Company (You).
The arrangements of Al -Suwaidi, who became the company’s board chairman, included the survival of the telecommunications sector under the control of the Houthis, with its use as one of the basic sources to finance their operations through the huge commissions that it earns from subscribers and digital services. Commercial projects, with repeated financial transfers recorded via banking networks and exhausts abroad.