Yemen Parliament Reveals Government Violations in Oil, Telecommunication and Banking Sectors
Sheba Intelligence
The Yemeni government withheld data and information related to the oil sectors, the Presidency of the Yemeni Parliament has said.
In a letter from the Presidency of the Parliament to the Yemeni government, the Parliament indicated that the Minister of Oil did not share information and agreements related to the Ministry of Oil and its affiliated bodies.
A parliamentary fact-finding committee’s report confirmed that there are major misconducts in the performance of the Ministry of Oil and its bodies, calling for urgent investigations as these misconducts waste public money and national wealth.
The committee accused the Ministry of Oil of purchasing quantities of oil that did not conform to the specifications and standards of fuel used in government stations, causing the halt of the stations’ operation. The committee’s report revealed that shipments of oil derivatives were allowed to enter without paying taxes and customs fees.
Regarding the violations in the telecommunications sector, the Yemeni Parliament described the partnership contract between the government and the UAE Telecom Company (NX) as a violation of the constitution, a gross violation of its articles, and a waste of public funds and property. The Parliament called on the government to withdraw from the partnership agreement with the UAE company.
The Parliament called on the government to quickly liberate the telecommunications sector from the Houthi control, take the necessary measures to restore the encrypted submarine cable in favor of the Houthis, and open a comprehensive investigation into the reasons for its disruption.
The Parliamentary Committee’s report also highlighted the violations committed by the Central Bank of Yemen, saying that there has been mismanagement of public money and the lack of collection of the state’s revenue, the use of some of the resources randomly without considering the law.
The report revealed the incompetence of the Central Bank to follow up and control exchange centers and take the necessary legal measures to stop speculation in the national currency.