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Politics : Middle East Politics

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To: Brumar89 who wrote (4724)10/21/2003 7:25:05 PM
From: Machaon   of 6945
 
estimated Arafat's assets at $1.3 billion

===> "The IMF recently disclosed that its own audit uncovered the fact that Palestinian Authority President Yasser Arafat between 1995 and 2000 diverted fully $591 million from the PA budget into a special bank account under his personal control." <===

likud.nl

===> "Actually, the IMF report is hardly surprising - it merely confirms what has long been known about the corrupt nature of Arafat's would-be state.

Back in 1998, a European Union audit disclosed that $20 million in Egyptian funds meant to build low-income housing was instead turned into a luxury apartment complex that was given over to top PA officials and Arafat acolytes.

Last year, a former Arafat treasurer charged that Arafat had taken more than a half-billion dollars in international aid and transferred it to his personal accounts;"

...

But the G7, meeting last week in Dubai, called on world nations to "increase and accelerate their assistance provided to the Palestinian Authority." <===

Shows that the leaders of the world are totally inept and corrupt. Also explains why the leaders of the world hate the fact that America has an honest, ethical President.
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