Loyalists of Yemen’s STC Seize 64 Billion Riyal Worth of Bank Notes Intended for Central Bank
Posted on 06/14/2020
Militia loyal to the Southern Transitional Council (STC) in Yemen declared self-rule in Aden in April 2020. This collection of Southern separatists in Yemen captured a convoy that held 64 billion riyals in banknotes intended for the central bank in Aden on June 13, 2020. The banknotes were printed for the Yemeni central bank in Russia.
Yemen’s Southern Transitional Council and the Yemen government, which has backing from Saudi Arabia, are locked in a fragile peace.
Keywords: Central Bank of Yemen.