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Palestinian Investigation of Arafat Funds


(Telegraph-UK)Kim Willsher and Inigo Gilmore - Palestinian legislator Abdul Jawwad Saleh last week called for Arafat's financial adviser, Muhammad Rashid, who controls a multi-billion dollar network of PLO accounts, to be investigated. Saleh is also calling for Arafat's wife, Suha, said to be a business partner of Rashid, to be questioned. Last year, the IMF said Arafat had diverted $1 billion or more of PA funds from 1995 to 2000. A Palestinian lawyer who has investigated PLO finances said, "The corruption was huge. The PLO had monopolies on cement, petrol, construction, and cigarettes. It has investments everywhere. Nobody knows what has happened to all these assets."
2004-11-08 00:00:00
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