Following previous US threats, Iraq’s Rafidain Bank closes its branches in Sana’a.
Following previous US threats, Iraq’s Rafidain Bank closes its branches in Sana’a.
2025-10-05 02:15
Shafaq News – Sana’a
Yemeni Minister of Information, Culture, and Tourism Muammar al-Eryani revealed on Sunday that the Iraqi state-owned Rafidain Bank has closed its branches in Sana’a.
Al-Eryani said in a blog post on the “X” website that “the decision of the Iraqi Rafidain Bank to close its branch in Sana’a and end its financial and banking activities is a step in the right direction and a direct result of international efforts aimed at drying up the sources of funding for the terrorist Houthi group affiliated with Iran.”
He pointed out that this measure “reflects a positive response to government warnings and US and international pressure, and sends a clear message to other regional and international financial institutions about the need to review their activities and ensure they do not fall into the cycle of exploitation or use to serve the agendas of the Iranian regime and its terrorist arms in the region.”
Al-Eryani asserted that “the Houthis have transformed financial and banking institutions operating in areas under their control into tools for plundering Yemenis’ money and financing their cross-border terrorist activities.”
Last August, US Representative Joe Wilson accused the state-owned Rafidain Bank of conducting financial transactions with the Houthi group in Yemen, threatening to cut off US financial support to Iraq as a result .
Wilson wrote in a post on X (formerly Twitter) that “the Iraqi state-owned Rafidain Bank is conducting financial transactions for the Houthis, a terrorist organization,” adding, “We have a name for these countries: state sponsors of terrorism .”
“I will work to cut off funding to Iraq during the next appropriations legislation” in the US budget, he added .
Wilson also urged the US Treasury to “punish” Rafidain Bank.
shafaq.com
OH NO PLEASE DONT DO THAT> Maliki is the biggest Crook with his son . He stole, lied, and deceived / The Iraqis are the most ignorant, complacent people I have ever heard of, and Maliki in Parliament would be a disaster with fatal results of their ignorance. The proof is Malik’s past performance. WAKE UP PEOPLE< DONT LET THIS HAPPEN