Selecting “Ernst and Young” to audit the Central Bank of Yemen’s accounts

A statement from the office of Yemeni Prime Minister Maeen Abdul Malik said today, Sunday, that the government has appointed Ernst & Young to audit the central bank’s accounts.

The statement added that the audit will include supervision and internal control, as well as reviewing aspects of deposit spending.

On the 27th of last month, the Central Bank of Yemen denied media allegations regarding a UN report on corruption and money laundering operations, stressing that all operational measures adopted are at a high level of transparency.

In addition, the Central Bank of Yemen stated that it invited the experts’ team to visit the bank’s headquarters in Aden, and invited the experts ’team to examine the documents of the Saudi deposit and verify the facts.

The Central Bank denied corruption allegations that accompanied the Saudi deposit to the Yemeni government in 2018.

The Central Bank stated that it would study the expert team’s report upon its official issuance, and promised to provide responses supported by evidence and documents that confirm the transparency of the banking’s work.

He declared his readiness to “inform public opinion and international partners of a response to the experts’ report.”

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