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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (149687)8/14/2002 7:20:43 PM
From: i-node  Read Replies (1) of 1584249
 
POOR YASSAR - This while the Palestinians are starving...

Here's one for the terrorist sympathizers who blame poverty for bombings: "President" Yasser Arafat has secretly amassed at least $1.3 billion.

Israeli military intelligence chief Maj. Gen. Aharon Zeevi-Farkash dropped that bombshell Tuesday before the Knesset Foreign Affairs and Defense Committee, the New York Post and WorldTribune.com reported today.

According to some Israeli estimates, Arafat has "earned" $2.4 billion from PA revenues since 1994. Other figures range up to $10 billion and $11 billion.

"The revenues stemmed from Arafat's control over PA-operated monopolies in imports and energy sales," according to WorldTribune.com.

The Post said:

"Arafat's wealth is held in bank accounts, real estate and other assets that can easily be made liquid.

"The bank accounts are spread about in Europe, Arab countries, the Far East - and even the United States - under different companies controlled by Arafat.

"Arafat has made some of his top deputies, including Abu Ala, Abu Mazen and Nabil Shaath, very rich."
Most of Arafat's riches came from the $6 billion in aid given by the United States, Japan and Europe to the PA from 1993 to 2000, according to the Post.

"The Palestinian people's money is Arafat's personal money," a high-ranking Israeli official said. "That's the way he treats it. Everything belongs to him."
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