Political Analysis

Sources: YR 2 million in Oil Revenues Embezzled in Shabwa

A senior official in Shabwa has forged the official stamp the of office of the governor, Ali Hassan al-Ahmadi, local sources reported. As a result, YR 2 million of proceeds from oil extraction has been stolen from the local central bank.

According to the same sources, a high-ranking official committed had duplicated the stamp at the time of al-Ahmadi’s election, at which time the latter had pledged to combat all illegal and corrupt means of profiting from the governorate’s oil wealth.

They added that the defendant has been apprehended and referred to prosecution as the investigation continues.

Local observers expressed surprise about the affair, and wondered how the central bank in Shabwa was incapable of revealing the on-going theft earlier.