Arafat Accused of Stashing Millions

(Washington Times) - "We have recently identified the transfer abroad of tremendous sums by Palestinian leaders who are preparing nest eggs for the future," a senior Israeli political figure told Yediot Ahronot. The official said money sent by Arafat to his wife Suha in Paris came from funds provided by Saudi Arabia for assistance to the Palestinian people. The Israeli source said the second-ranking man in the Palestinian hierarchy, Abu Mazen, recently channeled $70 million in Palestinian Authority funds to European banks through his brother, a wealthy businessman operating in the Gulf states.

2002-07-16 00:00:00

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