U.N. monitors backtrack on Yemen money-laundering accusations – document ...Yemen

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DUBAI (Reuters) – Independent U.N. sanctions monitors have withdrawn accusations against Yemen’s government of money-laundering and corruption that they said “adversely affected” access to food supplies in a country on the brink of famine, a document showed. The experts had said in an annual report to the U.N. Security Council that Yemen’s central bank broke its foreign exchange rules, manipulated the foreign exchange market and “laundered a substantial part of a $2 billion Saudi deposit in a sophisticated money-laundering scheme”. In a March 26 document seen by Reuters, and whose authenticity was confirmed by a diplomat, the experts provided an update to a Security Council committee saying

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