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The Cradle
US sanctions financial network allegedly funding Yemen’s Ansarallah movement
The new round of sanctions was announced just hours before Abu Dhabi revealed it was purchasing a dozen warplanes from China to bolster their air defense capabilities
By News Desk - February 24 2022
https://media.thecradle.co/wp-content/uploads/2022/02/yemen-houthi-fighters-AFP-scaled.jpg

Ansarallah fighters in Yemen. (Photo credit: AFP)

The US Department of the Treasury on 23 February issued a number of sanctions against individuals allegedly linked to a network that provides financing for the Ansarallah resistance movement in Yemen.

In their statement announcing the sanctions, US officials claimed the people targeted “transferred tens of millions of dollars to Yemen via a complex international network of intermediaries in support of [Ansarallah] attacks,” referring to recent retaliations by the Yemeni army against targets inside the UAE and Saudi Arabia.

“Today’s action is taken in close coordination and collaboration with regional Gulf partners,” the statement goes on to add.

These new sanctions target alleged front companies and ships that Washington says have been used by Iran’s Islamic Revolutionary Guard Corps (IRGC) to help fund the resistance movement.

Following the announcement by the White House, the UAE also revealed it was blacklisting one individual and five entities targeted by Washington, including a businessman identified as Abdo Abdulla Dael Ahmed.

Meanwhile, on 24 February Abu Dhabi revealed plans to purchase a dozen Chinese L15 aircraft in a move to bolster the country’s air defenses against the retaliatory attacks from Yemen.

According to Emirati media, the UAE defense ministry has said it intends to sign a contract with China National Aero-Technology Import & Export Corporation (CATIC) to purchase the training and light combat aircraft, with the option for 36 additional jets of the same type.

“We have reached the final stage in our talks with the Chinese side. The final contract will… be signed soon,” Tareq Al-Hosani, CEO of Tawazun Economic Council, was quoted as saying.

Since 2015 the UAE has been part of a Saudi-led military invasion of Yemen that sought to oust the popular Ansarallah movement from power. In the seven years since, hundreds of thousands have been killed and million more have been displaced in the Arab world’s poorest country.

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