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Saleh amassed up to 60bn colluded with rebels: UN probers
(MENAFN- Arab News) DUBAI: Yemeni ex-President Ali Abdullah Saleh is suspected of corruptly amassing as much as $60 billion equivalent to Yemen's annual GDP during his long rule and colluding in a militia takeover last year UN-appointed investigators have told the Security Council.
The report by the world body's Panel of Experts on Yemen echoes criticism by his opponents that Saleh's rule from 1978 to 2012 was marred by graft and that even out of office he is fomenting instability allegations he has consistently denied.
Presented with the experts' 54-page findings the Council voted unanimously on Tuesday to extend sanctions on Saleh and two top militia leaders first targeted by the world body in November for their alleged role in destabilizing the country.
Repeated calls to a spokesman for Saleh were not returned.
'(Saleh) is alleged to have amassed assets between $32 billion and $60 billion ... partly from his corrupt practices as president of Yemen particularly relating to gas and oil contracts where he reportedly asked for money in exchange for granting companies exclusive rights to prospect for gas and oil' write the experts who monitor violations of UN sanctions on Yemen.
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 report said. It took the form of property cash shares gold and other valuable commodities and was believed to spread across at least 20 countries.
The report by the world body's Panel of Experts on Yemen echoes criticism by his opponents that Saleh's rule from 1978 to 2012 was marred by graft and that even out of office he is fomenting instability allegations he has consistently denied.
Presented with the experts' 54-page findings the Council voted unanimously on Tuesday to extend sanctions on Saleh and two top militia leaders first targeted by the world body in November for their alleged role in destabilizing the country.
Repeated calls to a spokesman for Saleh were not returned.
'(Saleh) is alleged to have amassed assets between $32 billion and $60 billion ... partly from his corrupt practices as president of Yemen particularly relating to gas and oil contracts where he reportedly asked for money in exchange for granting companies exclusive rights to prospect for gas and oil' write the experts who monitor violations of UN sanctions on Yemen.
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 report said. It took the form of property cash shares gold and other valuable commodities and was believed to spread across at least 20 countries.
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