Arafat and the PLO

Things that make you go hmmmm. However, I'm not surprised...

From London's Telegraph

As confusion over Mr Arafat's condition grew, a Palestinian legislator last night called for his financial adviser, Mohammed Rashid, who controls a multi-billion dollar network of Palestine Liberation Organisation accounts, to be investigated.

Over the past 40 years, Mr Arafat's PLO has built up a global empire of investments, worth an estimated $4.2 billion to $6.5 billion. (£2.3-£3.5 billion). Meanwhile the Palestinian Authority, which administers the territories, is virtually bankrupt.

....snip....

Mr Saleh is also calling for Mr Arafat's wife, Suha, who is said to be a business partner of Mr Rashid, to be questioned. "Mr Arafat's situation has presented a chance for us to question Mohammed Rashid," he said. "He knows better than anyone else the whereabouts of all the money, all the secret accounts. This is the people's money."
A confidential report last month by the Palestinian finance ministry shows that the Palestinian Authority is running a deficit of about £73 million a month.

Last year, the International Monetary Fund said Mr Arafat had diverted $1 billion or more of Palestinian Authority funds from 1995 to 2000.

A Palestinian lawyer who has investigated PLO corruption, and who wished to remain anonymous, said he knew of three or four Arafat loyalists who held secret bank accounts. "He paid a lot of this money to buy loyalty, squandering millions of dollars," he said.

"The corruption was huge. The PLO had monopolies on cement, petrol, construction, taxes and cigarettes. It has investments everywhere. Nobody knows what has happened to all these assets."

From DEBKAfile

Prime minister Ahmed Qureia and his predecessor Mahmoud Abbas are losing ground in their attempts to assume the interim reins of government.

1. Saturday, Qureia went to Gaza City to try and negotiate a temporary halt in terrorist attacks with the heads of 13 Palestinian factions – at least until after the funeral. They turned him down. Hamas demanded that first a unified Palestinian leadership be established with a place for itself.

2. The Gaza-based Palestinian Authority secretary Tayeb Abu Rahim Qureia humiliated Qureia at Saturday’s session of the Palestinian national security council by declaring angrily that nothing in the Palestinian constitution provided for the prime minister to step in as acting PA Chairman in Arafat’s absence. That prerogative, he said, belongs to another Gazan, the Palestinian legislature’s speaker, Fathi Rouh.

3. Then, the Palestinian Liberation Organization’s politburo chief, Farouk Kaddumi, who turned up in Paris Thursday, questioned Abbas’s constitutional credentials to stand in for Arafat as chairman of the PLO central committee. Kaddumi claimed that he was the rightful chairman and Abbas, who is listed as one of two deputies, must report on his every action to Kaddumi as his subordinate.

Yet more drama here...