Almotamar.net - The Central Bank of Yemen CBY has embarked on taking a bunch of additional monitoring and preventive measures and arrangements on financial, organisations and private federations aimed at fighting money laundering and financing terror and protection of the banking establishment in Yemen against any dubious financial activities.
A source at the CBY told almotamar.net Tuesday that taking those measures by the CBY comes after suspecting a number of cases concerning money laundering in some banking dealings between a number of financial establishments and foreign sides , indicating that the CBY has lately begun entrusted a number of specialised monitoring committees to make field visits and assess all banking and accountancy procedures of local financial establishments in order to asses extent of their commitment to controls issued by the State Security Council regarding money laundering. In addition the committees are to report to the Central bank by those establishments on any suspected banking dealings pertaining to individuals or entities banned for dealing with them on charges of funding terror or supporting suspicious activities.
According to the source the CBY has made a list of obligatory instructions directed to local banking establishments. These are part of measures for fighting money laundering and financing terror.
The source maintained that the Central Bank forces all banks to create unit for gathering information on money laundering operations and to appoint specialists in them in addition to forcing banks to conduct accurate investigations in all banking operations and dealings.
A Saudi aggression fighter jet targeted a citizen's car driving in Fara area of Kutaf district in Saada province overnight, killing the driver and injuring his friend, a security official said on Monday.
Scores of Saudi enemy soldiers were killed and injured on Sunday when the army and popular forces repelled a Saudi military attempt to sneak into Shurfah site in the border province of Najran, a military official said.
The operation was accomplished successfully against the Saudi
Saudi aggression warplanes have launched more than 49 airstrikes over the past hours on several residential areas across Yemen, a security official said on Sunday.
The airstrikes targeted the areas of Malahiz and Husama in Dhahir district, and areas Thuban, Masahif and Sdad in Bakim district of northern Saada province.