CBY Governor: UK froze CBY’s account

CBY Governor: UK froze CBY’s account

Alsahwa Net- Yemen Governor of the Central Bank of Yemen Mohammed  Zimam has said that the Bank of England froze the Central Bank of Yemen’s account, and provided political conditions for reopening it.

“Unfortunately, the United Kingdom claims that it is keen to assist Yemen and warns against famine, but it prevents Yemen’s bank from using its funds” Zimam added In an interview with Al-Sharq al-Awsat newspaper.

Meanwhile, Zimam criticized the UN Special Envoy to Yemen Martin Griffiths, pointing out that his team submitted requests to CBY which contradict the bank’s independence.

Zimam called humanitarian organizations working in Yemen to purchase assistance commodities from Yemen’s markets, affirming that this will provide work opportunities for Yemenis and encourage private sector.

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