AL-JAMAHEER: Sanaa weekly, 11-6-98. [Archives:1998/24/Press Review]

June 15 1998

(Arab Ba’ath Socialist Party)   Main Headline:
1- Saudi Forces occupying the Yemeni island of Dhu Hirab lowers down Saudi flag and raised a white one, and agrees to negotiate with the Yemeni authority’s envoy. Saudi Arabia declares its willingness to withdraw provided enough protection is given to Saudi fishermen.
2- Deputy Speaker of Parliament and Ba’ath Party Secretary-General, Dr. Abdulwahab Mahmoud meets Syrian Charge d’ affairs and Chinese ambassador to discuss bilateral relations.
3- Aided by his relatives, the administrative manager at the General Establishment for External Trade and Cereals beats up an employee at the establishment’s courtyard.
4- Security chief in Damat, Ibb, usurps state-owned plots of land and real estate. A ‘Mafia’ gang has taken over about 80% of the state-owned lands in the area through illegal and fraudulent sales.
Article Summary:
Money Disappears
The Public Funds Prosecutor Office in Sanaa is currently investigating the withdrawal of about YR 2 million from a number of local banks by way of loans without interests or collateral. The accused are senior officials and businessmen.
Most of the loans were taken out under the pretense of investment and participating in the construction of the country! The prosecutor’s office described this case as the largest and most complicated of its kind in Yemen.