Turkey freezes assets of Yemeni ex-president Saleh | Pakistan Today

Turkey freezes assets of Yemeni ex-president Saleh

Turkey has frozen the assets of former Yemeni president Ali Abdullah Saleh, in line with a decision by the UN Security Council, the government said in its Official Gazette on Thursday.

All of Saleh’s assets in Turkish banks and other financial institutions were frozen, it said. It did not say how much money Saleh was believed to hold in Turkey.

UN-appointed investigators have told the Security Council they suspect Saleh of amassing as much as $60 billion, equivalent to Yemen’s annual GDP, during his long rule, and colluding in a takeover by the Houthi militia in 2014.

Most of this wealth was believed to have been transferred abroad under false names or the names of others holding the assets on his behalf, the investigators have said.

The assets were in the form of property, cash, shares, gold and other valuable commodities, and were believed to spread across at least 20 countries.



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