(IDF Spokespersons Office) - By keeping a double set of books, the Palestinian Authority has systemically channeled at least 14% of its public budget, as stated to the IMF and donor states, to Fatah, other terrorist organizations, and various covert destinations. An explanation of captured original Arabic documents (with their English translations) details the mechanism of this multi-million dollar money-laundering operation that has turned international humanitarian aid into support for terror and suicide bombing. Since its creation, the Palestinian Authority (PA) has received some U.S. $4.5 billion in international aid and investment. Since the beginning of the current Palestinian/Israeli conflict in September 2000, the international community has provided the majority of the PA’s monthly operating budget of some $90 million. An international investment of well over $1,000 per capita in civilian aid would normally be expected to show significant results – and yet, it is difficult to identify any real benefit this aid has produced for ordinary Palestinians. Some of the documents described in this report prove the connection between PA financing of the Fatah/Tanzim, and suicide bombings and other terrorist attacks carried out against Israeli civilians. A very large portion - some 45 percent, or $27 million per month - of the published Palestinian Authority payroll budget consists of money that does not reach PA employees. All of this money is available for other uses. While we do not know where all this money goes, we do know that a substantial portion of it is used to support terrorism against Israeli citizens.
2002-08-23 00:00:00Full ArticleBACK Visit the Daily Alert Archive