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Sunday, November 09, 2003

Surprise? Arafat funnels $100,000 PA aid monthly to Wife

Haaretz: An investigative report by CBS television 60 Minutes will claim that Palestinian Chairman Yasser Arafat transfers $100,000 a month from funds directed to the Palestinian Authority to his wife Suha.

The report, to be aired across the United States on Sunday, alleges that Suha Arafat, who lives in Paris with the couple's daughter, receives the sum on a monthly basis.

According to the report, Arafat has accumulated in his private accounts more than $800 million from aid originally appropriated to the Palestinian authority.

PA Finance Minister Salam Fayad aided in the CBS investigation. Fayad is currently trying to track down all the PA-allocated money that never reached its intended destination.
Speaking of such, see also these notes on Palestinian cabinet ministers, from Associated Press.

UPDATE: Transcript of CBS 60 Minutes: Arafat's Billions