Saudi Arabia has sanctioned 25 individuals and businesses for allegedly funding Yemen’s Houthi militants
Saudi Arabia–Saudi Arabia said on Thursday that it has sanctioned 25 individuals and businesses for their roles in facilitating the financing of the Houthi militia in Yemen, which is backed by Iran. The Saudi State Security Presidency said in a statement issued by Saudi Press Agency that all cash and assets of individuals identified will be blocked.
The designated persons and groups had received backing from Iran’s Islamic Revolutionary Guard Corps’ Quds Force and were acting as part of an international network to destabilize Yemen, according to the statement. The action, according to the kingdom, is part of an attempt to target terrorist organizations, as well as their connections and funders.
Ten persons and 15 corporations from India, Somalia, Syria, Yemen, and the United Kingdom are on the list. Since 2015, a Saudi-led coalition has been fighting in Yemen to restore President Abdrabu Mansur Hadi’s internationally recognized government. On Thursday, talks to find a peaceful solution to the Yemen situation entered their second day. The alliance stated that a truce in the war-torn country will begin at 6 a.m. on Wednesday to allow for political discussions to take place. The rebels, who are boycotting the talks, have proclaimed their rejection of the cease-fire.
Yemen has a population of 20 million people that require humanitarian assistance. According to the Armed Conflict Location and Event Data Project, more than 150,000 people have died as a result of the conflict. According to the most recent data, the death toll includes 14,500 civilians and fighters.