Blogs > HNN > MONEY GIVEN TO THE PALESTINIAN AUTHORITY SHOULD BE SPENT IN THE TERRITORIES AND NOT IN SPECULATIVE INVESTMENT ARAFAT USED TO FAVOR

Feb 7, 2005 5:00 pm


MONEY GIVEN TO THE PALESTINIAN AUTHORITY SHOULD BE SPENT IN THE TERRITORIES AND NOT IN SPECULATIVE INVESTMENT ARAFAT USED TO FAVOR



The Financial Times published today the first of a two part series entitled"An Audit of Arafat." It reveals not only that Arafat used the funds he received to bribe fellow Arab leaders to support his positions but also that he invested his money not in the rebuilding of the Palestinian Authority but in such unproductive vehicles as East European real estate or South American banana plantations.

The Palestinians are the largest recipients of aid per capita by a mile. The President promised the PA 350 million dollars. This time, let's make sure the money is invested in Palestinian development. If Hammas takes over the authority, it will not be because of its maximalist ideology but because the Palestinians are fed up with the corruption of the"Tunisians."




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