September Net

Chairman of the board of directors of the Public Yemeni Bank Dr Mohammed Halbob warned of the serious consequences of storming the branches of Public Yemeni Bank by Houthi militiamen in the capital Sana’a.

It is important to mention that Houthi militia authorities in Sana’a ordered storming the bank’s branch in the capital Sana’a and appointed executive manager loyal to the militia.

Halbob described the militia’s action as managerial piracy and irresponsible act will have serious negative impacts upon banking businesses in the country.