Fighters affiliated with Yemen’s Southern Transitional Council hijacked a convoy carrying billions of foreign-printed Yemeni riyals near the port of Aden on Saturday. The 64 billion riyals, printed in Russia, were bound for Yemen's central bank in Aden, Reuters reported.
Yemen’s central bank reported the heist and warned of “dangerous consequences.” The STC claimed responsibility for the seizure, saying it was done to end corruption and “prevent the use of public money in supporting terrorism.”
Why it matters: The STC and forces loyal to the government-in-exile of President Abed Rabbo Mansour Hadi are on the same side of Yemen’s civil war in name only. Saturday’s heist is the latest in a series of rows between the supposed allies, the most prominent components of the Saudi Arabia-led military coalition against Houthi rebels who have taken control of Yemen’s north.
The heist is almost certain to worsen their relationship (which Saudi Arabia has so far proven unable to mend), thus potentially further benefitting the Houthis, who have links to Iran’s Islamic Revolutionary Guard Corps.
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