Wednesday, November 20, 2013

Yasser Arafat, how exactly did he get so rich?

...Yasser Arafat was the virtually unchallenged Palestinian leader for many years. He never had a visible salary above his modest earnings from the Palestinian government in his West Bank fiefdom. Yet in his dotage he was strongly rumoured to be worth many hundreds of millions of pounds. His wife Suha lived in luxury in a five-star Paris hotel. As the Americans say: go figure.

Frederick Forsyth..
Express.co.uk..
15 November '13..

I have seen acres of breast-beating journalism about the Palestinian misery but never an examination into where all the donated money has gone over the years. For this is certain: Arab donors and a generous non-Arab world have donated many billions to the Palestinian cause.

Take the Gaza strip. It is a bloc of land 25 miles long and six miles wide on the eastern shore of the Mediterranean.

Its northern and eastern borders are Israel, its 11-mile southern border is Egypt and its western border the glittering Med. Over the years since the founding of Israel in 1948 literally billions of pounds have been donated to help its people have a decent life.

If it had been invested shrewdly and well Gaza today could be a mini-Monaco. It could have a deepwater freight port, a flourishing fishing port and a leisure harbour crammed with the yachts of wealthy visitors. It could have resort hotels on the sea and farms, ranches and orchards in the hinterland producing nutritious food.

It has nothing of these. It is a failed state of poverty, misery and violence. So what happened to all that money? Well, a lot went on guns, explosives for bombs and material to build rockets to launch at Israel. But the bulk has certainly suffered the fate of most wealth in that neck of the woods. It has simply been embezzled, not by Israelis but by Palestinians and above all by their leadership cadres.


Yasser Arafat was the virtually unchallenged Palestinian leader for many years. He never had a visible salary above his modest earnings from the Palestinian government in his West Bank fiefdom.

Yet in his dotage he was strongly rumoured to be worth many hundreds of millions of pounds. His wife Suha lived in luxury in a five-star Paris hotel. As the Americans say: go figure.

It is perfectly feasible that after leading his people to failure and poverty even his colleagues had had enough and slipped him a toxic cocktail.

The donations continue to flow in… and disappear.

Link: http://www.express.co.uk/comment/columnists/frederick-forsyth/443145/So-exactly-how-did-Yasser-Arafat-get-so-rich

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