Buy Movies & Books |Subscribe|Bookmark|Follow Us

My Account|About Us|Contact Us|Staff|Place an Ad
Home > Columnists >
May 30, 2012

Europeans prepare Saleh assets freeze

Deposed Yemeni President Ali Abdullah Saleh. (UPIMohammad Abdullah)

SANAA, Yemen (UPI) -- Ahead of the U.N. Security Council meeting on Yemen, European countries started to freeze the assets of ousted regime officials, diplomats said.

Al-Quds newspaper Tuesday quoted a Western diplomat as saying Europeans banks and financial organization were identifying Saleh and his family assets awaiting the council order.

In May, U.S. President Barack Obama issued an executive order allowing the Treasury Department to freeze the assets of whoever would obstruct the Yemen power-transfer deal.

U.N. Special Envoy to Yemen Jamal Benomar's failure to convince the deposed Saleh to comply with President Abdu Rabbo Mansour Hadi's military restructuring plans are expected to prompt an immediate assets freeze.

Several loyalists and Saleh family members still refuse to implement Hadi's presidential decrees by hanging on to their military positions.

The Yemen Post quoted a Western diplomat as saying, "Because of arrogance and not respecting the United Nations resolutions and regional agreements over Yemen, the EU and other countries have decided to freeze the assets of Saleh and his family. Harder sanctions will be taken if officials continue to affect the transition in Yemen as some European countries have already planned to freeze assets".

The Yemen Post said Saleh's' assets are estimated at $50 billion, part of which was recently transferred to regional banks to avoid sanctions.

Comments :


Yes, that's West Point, painted from Osbourne's Castle acsors the river. It's based on a plein air study that I did on location. Along with the view from Olana near Hudson, I think it's one of my favorite vistas in the Hudson Valley.Lisa, congratulations. I think it's a wonderful program, too.


Interesting news indeed! But one has to be Yemeni liivng in Yemen, to understand why most of us feel he is the most suitable person to lead for the next few years.


render insurance california car quotes

Your Name:
A value is required.

Comment: A value is required.

Please Enter Security Code:
security code

Top Movies & Books
Local & State:

HIFF Celebrates Third and Possibly Final Year in Middletown

Boys and Girls Club of Wayne

New Scandals Show Obama’s Contempt for the Constitution

The Wayne Public Library

Vila Verde