Article

2003-02-28 Middle East

Palestinian Minister Denies Secret Funds

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Posted by Fred Pruitt 2003-02-28 12:59 pm|| || Front Page|| [2 views since 2007-05-07] Top

#1 Shouldn't that last line read "more transparent than before, but still far, far more clouded than even Enron's financial dealings"???

Posted by Scooter McGruder 2003-02-28 13:30:05|| 2003-02-28 13:30:05|| Front Page Top

#2 Right out of Forbes Magazine's "Filthy Friggin' Rich" issue:

Yasir Arafat
Country/Title: Palestinian Authority/President
Estimated Worth: $300 million
Age: 73
The president of the Palestinian Authority clings to power despite Israeli and U.S. hostility to his regime. Arafat has feasted on all sorts of funds flowing into the P.A., including aid money, Israeli tax transfers and revenue from a casino and Coca-Cola bottler. Much of the money appears to have gone to pay off others. New Finance Minister Salam Fayyad is cleaning up the P.A.'s finances, cutting off much of Arafat's cash flow.

Coming up next: Another UN report on those poor, starving Palestinians...

Posted by tu3031 2003-02-28 13:31:10|| 2003-02-28 13:31:10|| Front Page Top

#3 "the authority had given no money to groups accused by Israel and the United States of terrorism."

"of course not - we put it in Swiss banks where it is earning interest for our ...uh..retirement fund"

Posted by Frank G 2003-02-28 13:57:23|| 2003-02-28 13:57:23|| Front Page Top

13:54 Fred
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