US sanctions International Bank of Yemen over alleged Houthi support – Middle East Monitor

The US Department of the Treasury has imposed sanctions on the International Bank of Yemen and three of its senior officials, accusing the bank of providing financial support to the Houthi group.

In a statement released on Thursday, the US Treasury said its: “Office of Foreign Assets Control (OFAC) is sanctioning Yemen-based International Bank of Yemen Y.S.C. (IBY) for its financial support to Ansarallah, commonly known as the Houthis, which is part of the…