Authorities warns of closing illegal money exchange stores in Mareb
Authorities warns of closing illegal money exchange stores in Mareb

A committee entrusted of with handling problems of money-exchange here has given money exchange companies a respite of two weeks to correct heir legal status to continue their activities of exchanging money in accordance with the banking law.

In a meeting chaired by Deputy Governor Abd-Rabbo Miftah with owners of exchange companies and corporations, the committee stressed that the respite is a final one for the companies to have licenses or legal document from the Central Bank of Yemen enabling them to proceed with their businesses.

The meeting included Director of the Central Bank of Yemen's branch Jamal al-Kamel, Prosecutor Aref al-Mikhlafi and General Police Director Abdulmalik al-Madani.

The committee warned of closing exchange stores and to refer their owners to judiciary.