Under the directives of the Attorney General, Judge Qaher Mustafa, the Public Prosecution, together with the Security Belt Forces, closed a number of money exchange shops in the districts of the capital, Aden, in implementation of the Central Bank’s procedures against violating banks.

An operational source in the Aden Belt confirmed that the belt forces, in coordination with the Second Public Funds Prosecution responsible for combating corruption and in the presence of a representative from the Central Bank, carried out a field visit to a number of directorates in order to close the violating banks.

The source indicated that more than 26 money exchange shops were closed as part of the Public Prosecution’s measures aimed at reducing the spread of unlicensed money exchange shops, which contributed to the rise in foreign currency exchange rates against the riyal, which leads to an increase in the costs of basic commodities and its negative impact on the national economy. Pointing out that the campaign will continue until all violating stores are closed.

The campaign included the districts of Mansoura, Sheikh Othman, Al-Mualla, Khormaksar, and Crater, as it emphasizes the importance of adhering to the laws and regulations regulating the work of money changers, the provisions of the Exchange Law, and the Anti-Money Laundering and Combating the Financing of Terrorism Law, and in the interest of protecting the national economy and the stability of the local currency.