Whatever happened to Arafat's billions?
November 11 marks two years since the death of PLO chief Yasir Arafat—but don't count on most Palestinians to mourn his memory.
Don't count on us to do it, either.
On a good day in Gaza City, only 40 percent of the last night's sewage gets dumped into public beaches along the Mediterranean coast, where gaunt Palestinian kids build sand castles out of thick brown sludge. One and a half million Gazans, mostly children, live overwhelmingly in poverty amid a gutted infrastructure and a dysfunctional thugocracy democracy. Meanwhile, the First Lady of Palestine, Yasir Arafat's widow Suha, has been living large in Paris, among other places, at the palatial Hotel Le Bristol. She and her baby daughter left Gaza for France in 2000, during the second intifada and Israel's reoccupation of Palestinian lands—and reportedly occupied an entire floor of the five-star hotel, at approximately $16,000 per night.
Guess she found the passwords taped to a monitor or something.
Israeli and American intelligence officials say Suha Arafat's Paris hotel bill would be little more than chump change for the glitzy heiress, whose late husband might just have been the most flagrant embezzler of public funds since Louis XVI. During Arafat's rule, the United States, World Bank, European Union, and Arab governments poured $7 billion into the Palestinian Authority to try and help forge a viable Arab-Israeli peace. As much as half that sum is reported to have gone AWOL, with only a small fraction recovered to date. And Suha has proved to be only one of several big-time beneficiaries.
Two years after Arafat's funeral, an international scavenger hunt continues for the revolutionary leader's far-flung riches. A motley assortment of investigators ranging from Israel's security establishment to the Palestinian Islamist group Hamas, which now rules in Ramallah, maintain an ongoing interest in every lost stash. "The only man who knows the whole story is dead," says a senior Israeli military intelligence official who agreed to answer questions on condition of anonymity. "But the deeper you go into it, the more it stinks."
Arafat's lifetime of grubbing for cash on behalf of the Palestinians dates back to his young adulthood in Cairo, where he was born shortly before the American stock market crash of 1929. Few had heard of the Palestinian cause back then, and there were no blue-and-white pushke boxes accepting pocket change for it. But longtime PLO stalwart Nabil Shaath remembers watching, as a 13-year-old, the young revolutionary hit up his father for a cash donation. Shaath told Atlantic Monthly correspondent David Samuels he immediately recognized the future president of Palestine.
Much more at the link.
Posted by: gromky 2007-03-07 |