Sana'a (Debriefer) - The Saudi-led coalition looted more than US$ 3.5 billion in revenues of 47,680,000 barrels of oil in last two years, the Houthi minister of oil and minerals said Monday, noting that the funds were deposited into the Kingdom's banks.
"In 2018, 18,080,000 barrels of crude was looted from oilfields and sold with nearly US$ 1.3 billion," Ahmed Daris added. "In 2019, 29,600,000 barrels of oil was sold with more than 2.3 billion dollars," according to al-Masyra TV.
The Houthi minister accused Yemen's official government-affiliated local authorities in Marib of looting 600 million rials daily in revenues of Safir refinery's oil and gas products, and selling C5 products from Safir fields to Arab coalition countries with 100 million rials daily.
"There is also secret, undeclared withdrawal from oil wells in occupied areas, and the value of stolen supplies is distributed vie exchangers to local and international bodies," Daris claimed.
"Oil funds stolen from [revenues of] oil and Safir and Aden refineries are enough to cover the civil servants' salaries and the country's other needs."
Yemen has been racked by an armed conflict that broke out after the Iranian-backed Houthis ousted the internationally-recognized government late in 2014.
The conflict escalated after a Saudi-led coalition intervened militarily in the country in March 2015 to reinstate the government of President Hadi.
Yemen's 6-year-old war has triggered what the UN calls the world's worst humanitarian crisis.
