On June 5, the Kuwaiti daily Al-Watan published documents it received from a Cairo branch of a Middle Eastern bank showing that Arafat had deposited $5.1 million into his personal account - to support his wife and daughter, who live in Paris and Switzerland. According to the same report, the money came from Arab aid funds that had been allocated for the Palestinian people.

NATIONAL REVIEW

July 29, 2002.

And a Thief, Too
Yasser Arafat takes what he likes.

By Rachel Ehrenfeld

President Bush's call to change the Palestinian leadership and to bring
reform, accountability, and transparency to the Palestinian Authority should
focus attention on the financial corruption of Arafat's regime. Before
Bush's speech, Condoleezza Rice, the national security adviser, accurately
summed up the situation in the San Jose Mercury News: "Frankly, the
Palestinian Authority, which is corrupt and cavorts with terror, . . . is
not the basis for a Palestinian state moving forward." Judging by the
response of Yasser Arafat and his lieutenants, however, no such change is
likely anytime soon.

How corrupt is the PA? How much money have Arafat et al. stashed away? Where
did the money come from? How long have we known about it?

The first public evidence that Arafat's Palestine Liberation Organization had at least $10 billion came to light when the Pakistani-owned rogue Bank of Credit and Commerce International was shut down by the Bank of England on July 5, 1991. Britain's National Criminal Intelligence Service (NCIS) published its own estimate of the PLO's loot in a 1993 briefing paper on organizations threatening the UK, calling it "the richest of all terrorist
organizations." NCIS estimated the PLO's ill-gotten gains at $8-10 billion. In addition, the PLO enjoyed an annual income of about $1.5-2 billion from "do nations, extortion, payoffs, illegal arms dealing, drug trafficking, money laundering, fraud, etc."

Not to get all racist / ethnic, but on THIS issue, I'd take somebody with a last name of O'Leary or Kozlowski more seriously than I'd take a -feld, -berg, -stein, -man, or any name of Palestinian derivation.

They BOTH got axii (plural of "ax") to grind.

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 Are you assuming an Israeli and a Jew can't offer anything of substance?  

Besides, this is right up your alley, with the accounting angle and all that...  why not critique the information.

 

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Got it in an email from a professor of Middle Eastern Studies at Emory Univ....  why *that* would be in the South!    [:D]

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Well, you do gotta wonder where all that money the Pals recieve goes.  In the end, it always seems to be about money, doesn't it?

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I wonder if Arafatheads wife has a shoe fettish like Imelda Marcos.

[:D]

Quoted:
Not to get all racist / ethnic, but on THIS issue, I'd take somebody with a last name of O'Leary or Kozlowski more seriously than I'd take a -feld, -berg, -stein, -man, or any name of Palestinian derivation.

They BOTH got axii (plural of "ax") to grind.

Quoted:


Do they let them wear shoes there?

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Hmm... garand"man", guess we don't have to take him seriously as well.. :)
*wink*