imc indymedia

Los Angeles Indymedia : Activist News

white themeblack themered themetheme help
About Us Contact Us Subscribe Calendar Publish RSS
Features
latest news
best of news
syndication
commentary


KILLRADIO

VozMob

CopWatch LA

ABCF LA

A-Infos Radio

Indymedia On Air

Dope-X-Resistance-LA List

LAAMN List





IMC Network: www.indymedia.org africa: ambazonia canarias estrecho / madiaq kenya nigeria south africa canada: hamilton london, ontario maritimes montreal ontario ottawa quebec thunder bay vancouver victoria windsor winnipeg east asia: burma jakarta japan korea manila qc europe: abruzzo alacant andorra antwerpen armenia athens austria barcelona belarus belgium belgrade bristol brussels bulgaria calabria croatia cyprus emilia-romagna estrecho / madiaq euskal herria galiza germany grenoble hungary ireland istanbul italy la plana liege liguria lille linksunten lombardia london madrid malta marseille nantes napoli netherlands nice northern england norway oost-vlaanderen paris/Île-de-france patras piemonte poland portugal roma romania russia saint-petersburg scotland sverige switzerland thessaloniki torun toscana toulouse ukraine united kingdom valencia latin america: argentina bolivia chiapas chile chile sur cmi brasil colombia ecuador mexico peru puerto rico qollasuyu rosario santiago tijuana uruguay valparaiso venezuela venezuela oceania: adelaide aotearoa brisbane burma darwin jakarta manila melbourne perth qc sydney south asia: india mumbai united states: arizona arkansas asheville atlanta austin baltimore big muddy binghamton boston buffalo charlottesville chicago cleveland colorado columbus dc hawaii houston hudson mohawk kansas city la madison maine miami michigan milwaukee minneapolis/st. paul new hampshire new jersey new mexico new orleans north carolina north texas nyc oklahoma philadelphia pittsburgh portland richmond rochester rogue valley saint louis san diego san francisco san francisco bay area santa barbara santa cruz, ca sarasota seattle tampa bay tennessee urbana-champaign vermont western mass worcester west asia: armenia beirut israel palestine process: fbi/legal updates mailing lists process & imc docs tech volunteer projects: print radio satellite tv video regions: oceania united states topics: biotech
printable version - js reader version - email this article - view hidden posts - tags and related articles

Abbas: Betrayal Pays Well

by Stephen Lendman Tuesday, Dec. 11, 2012 at 11:43 PM
lendmanstephen@sbcglobal.net

Palestine

Abbas: Betrayal Pays Well

by Stephen Lendman

In 2003, Forbes magazine estimated Yasser Arafat's wealth at about $300 million. No verifying source was listed. Fatah was notoriously corrupt. It still is today.

Its finances are a black hole. Bribes, foreign aid, secret investments, hidden bank accounts, slush funds, and other ill-gotten gains define them.

Israeli intelligence estimated Arafat's net worth at $1.3 billion. US accountants conducted a PA authorized audit. They estimated about $1 billion.

Current appointed PA prime minister, Salam Fayyad, once served as Arafat's finance minister. He confirmed massive corruption, abuse, and impropriety.

Arafat's widow, Suha, got a $200,000 monthly allowance. Top Fatah officials cash in. Abbas benefits hugely.

Previous articles discussed his collaborationist history. He sold out at Oslo. He never looked back. Perhaps betraying his people began earlier. He's a world class scoundrel.

Edward Said once called him "moderately corrupt." Apparently, he didn't know the half of it. Reports suggest he amassed a huge fortune. He's super-rich.

As'ad AbuKhalil publishes "The Angry Arab" site. On November 14, he headlined "The personal fortune of Abbas." He cited YNet News.

It said he earns $1 million a month. Not bad, if true. Obama gets $400,000 a year. Inlight Press was cited. It said Abbas holds several Jordanian accounts. He's got over $500 million. It's mostly stolen Palestinian taxpayer money and other embezzled funds.

"The accounts are not under any national or international scrutiny."

"Recently, Abbas urged Moscow to supply him with a new advanced presidential jet worth $55 million despite the fact that he has a new Global Express speed jet bought for $53 million at his disposal. In addition he also uses a 504 Challenger jet."

Abbas took office on January 15, 2005. From then until now, his expenses exceeded a billion dollars. PA sources say he has extensive property holdings.

His sons, Tarek and Yasser, profit handsomely from all PA projects. "This explains why (he) tried to promote a Dead Sea tourism project funded by Gulf states. It is claimed that his sons won contracts for more than $250 million."

On May 18, 2012, Gatestone Institute International Policy Council headlined "How Much is Mahmoud Abbas Worth? Try $100 Million."

Mohammed Rashid was Arafat's financial advisor and trusted aide. He handled hundreds of millions of dollars donated by Washington, EU nations, and regional states.

He cashed in like other Fatah officials. On May 17, Haaretz ran a AP story headlined "Arafat aide accused of embezzlement."

He's sought for allegedly stealing millions of dollars of public funds. He's suspected of transferring them from the Palestinian Investment Fund (PIF) into fake companies.

PA Anti-Corruption Commission head Rafik Natsheh accused him of embezzlement. He's investigating 85 other PA members. Corruption allegations forced two cabinet ministers to resign.

One observer called the commission's work secretive. It's impossible to know what goes on. At the same time, it selectively decides who to investigate and where to keep hands off. Operating this way destroys all credibility.

Rashid denied all charges. He threatened to expose Abbas corruption. He calls him the "Sultan of Ramallah." He's thin-skinned, vengeful, and tolerates no opposition.

He said he "made a huge mistake and must suffer the consequences."

After Arafat's November 2004 death, Rashid left Palestine. His whereabouts aren't known. He's been "moving between countries."

An arrest warrant was issued. PA officials asked several countries to extradite him. They requested his assets be frozen. Interpol was asked for help. International donors expressed concern about huge sums gone missing.

In early June, a Ramallah anti-graft court convicted Rashid in absentia. He and two others were sentenced to 15 years imprisonment. They were ordered to return 33.5 million euros in stolen funds.

Throughout much of Arafat's rule, rampant corruption allegations surfaced often. He and many other Fatah officials were suspected for good reason.

Funds to help Palestine went into private coffers. Rashid apparently cashed in like others. He handled PA finances. He knows where the bodies are buried.

Abbas accused him of stealing hundreds of millions of dollars. He said Abbas embezzled $100 million. Perhaps he knows less than he thinks or isn't telling all he knows.

He said Fatah has a secret Jordanian bank account containing about $40 million. Millions of US donations are included. An unnamed source said Abbas instructed his General Intelligence Service to find Rashid and kill him.

He wants what he knows buried with him. He also wants imprisoned Fatah leader Marwan Barghouti kept there.

He's a prisoner of conscience. On May 20, 2004, Israel convicted him unjustly on bogus terrorist charges. He received five consecutive life sentences plus 40 years.

If free, he'd be Palestine's president, not Abbas. He was hugely popular. He still is. He honorably supports the rights of people. Abbas sold them out long ago.

Israel imprisoned Barghouti to prevent his election. Abbas wants him kept there. He also wants Hamas destroyed.

He's a longtime Israeli collaborator, a traitor, a world class scoundrel, and embezzler. Why Palestinians tolerate him, they'll have to explain.

Hamas' 2006 legislative victory followed promises of fighting corruption. Washington, EU countries, and regional states contribute hundreds of millions of dollars annually. Much of it ends up unaccounted for.

Abbas stands accused of enriching himself throughout his tenure. He has huge sums stashed abroad. He has hidden investments and secret land deals.

He helped his sons become millionaires. A July 2012 House Foreign Relations Committee investigated chronic PA corruption.

Testimony given said "corruption within the Palestinian political establishment has been endemic for decades."

"Reports suggest that Palestinian President Mahmoud Abbas, like his predecessor, Yasser Arafat, has used his position of power to line his own pockets as well as those of his cohort of cronies, including his sons, Yasser and Tarek."

The Palestine Investment Fund (PIF) was established to serve all Palestinians. Abbas "asserted complete control." He appoints cronies as board members. He rejects requested audits.

US taxpayer funds were stolen. Accountability is absent. Operations are opaque. Transparency doesn't exist. Rampant corruption is endemic.

PA officials enrich themselves at the expense of their own people. Abbas and his sons perhaps profited most of all. Legitimate governance is impossible with him in charge.

"While Abbas prosecutes Rashid, he conveniently avoids controversy surrounding his sons" and his own ill-gotten gains.

Jonathan Schanzer is Foundation for Defense of Democracies research vice president. He testified before the House Foreign Relations Committee.

He said Abbas and his sons line their pockets lavishly. Others made similar comments. They're involved in all kinds of shady deals. They profit hugely. Bush and Obama officials did nothing to stop misuse of US funding.  

Abbas prevents internal investigations. He enforces censorship. He targets press freedom. He blocks PA criticism. He wants his own malfeasance and that of his sons suppressed. He also crushes political opposition.

He's aged 77. He nears retirement. He has no vice president or heir apparent. Israeli officials wants control over who replaces him.

They also want occupation harshness unchallenged. Massive corruption is a small price to pay. Perhaps they steal plenty on their own.

Washington provides billions of dollars annually. How much goes to secret coffers, who knows. Apparently don't ask, don't tell is policy. Media scoundrels go along and say nothing.

A Final Comment

On December 10, Maan News said Palestine's Anti-Corruption Commission will institute legal proceedings against PA officials suspected of embezzling millions of dollars.

Commission head Natsheh said secret investigations were ongoing for sometime. Officials in Palestine suspected of complicity with Rashid are targeted. His whereabouts remain unknown.

The case goes well beyond him alone. Without naming names, Natsheh said Palestinian corruption is much bigger than what's known and/or alleged about Rashid.

It remains to be seen who's charged. Don't expect Abbas or others he wants protected to be among them.

Stephen Lendman lives in Chicago and can be reached at lendmanstephen@sbcglobal.net.

His new book is titled "Banker Occupation: Waging Financial War on Humanity."

http://www.claritypress.com/Lendman.html

Visit his blog site at sjlendman.blogspot.com and listen to cutting-edge discussions with distinguished guests on the Progressive Radio News Hour on the Progressive Radio Network Thursdays at 10AM US Central time and Saturdays and Sundays at noon. All programs are archived for easy listening.

http://www.progressiveradionetwork.com/the-progressive-news-hour
Report this post as:
Share on: Twitter, Facebook, Google+

add your comments


Local News

Bernie Sanders in Lincoln Heights M23 8:23PM

Los Angeles Sit-In to Fight Voter Suppression M18 4:28AM

War Within California's 46th CD M13 11:42AM

NPR's David Greene & Alison Aubrey along with David Ludwig Shill For Factory Farm Eggs M13 7:55AM

2016 AT&T Shareholders engaged by Communications Workers of America D9 Activists M12 11:43PM

Communications Workers of America District 9 Action at AT&T Shareholders M12 9:38PM

Voter Registration at ELAC M10 3:31PM

LA Times Fails to Cover Protest Against Clinton M07 9:15PM

Violence Against Poor In Venice A29 12:59PM

California Safe Schools Honors 11 Year Old Daniel Randall A25 2:25PM

NPR's Marketplace: The Voice of Loanshark Capitalism A19 4:08PM

Assemblywoman Melissa Melendez, Pandering to the Corporate Whores of the Storage Industry A09 5:03PM

Lartiste Maestro iTunes télécharger de la musique gratuit et Légalement 2016 A08 3:20PM

Spring 2016 National Immigrant Solidarity Network Monthly News Alert! A05 2:14PM

KPFK and Pacifica, more doings, reposted here A04 4:18PM

Liberated Political Prisoner Sekou Odinga Speaks Out M11 9:39AM

Solidarity With Anaheim M08 10:16AM

Tribune Company Stock Bought By LAPD Union To Silence Criticism Of Police M02 8:01AM

KPFK as Pacifica may be in legal jeopardy, again... M01 2:43PM

Anaheim Anti-KKK Fund Drive F29 5:04PM

March For Bernie 2, Pasadena and Los Angeles F28 8:16PM

Innovative Approach To Fighting The Droughts F16 11:56AM

International Day of Solidarity with Leonard Peltier F12 5:51PM

January 2016 Honduras Coup update F12 4:42PM

More Local News...

Other/Breaking News

Real humans ou la pensée conditionnée M27 8:30AM

Back to Trotskyism! Revolutionary regroupment with the League for the Fourth International M26 6:56PM

The Shortwave Report 05/27/16 Listen Globally! M26 4:53PM

Illegal drugs, too big to fail M26 3:32AM

Paraphysique du syndicalisme M26 12:43AM

Fbi murderous corruption, per validated " fbi whistleblower " M25 2:13PM

Puerto Rico Debt Bill Heads for Full House Vote M25 11:18AM

A Case Against Hillary Clinton, Candidate Of Endless War M25 10:58AM

Swami in a Strange Land M24 5:07PM

Benevolence vs. Evil M24 11:42AM

Duterte offers cabinet posts to Maoist Communist Party of the Philippines M24 4:26AM

Who Owns the Sky? The Climate in the Globalization Trap M24 4:02AM

Gaza to overtake Saudi Arabia with executions per capita M23 10:46PM

Hillary Clinton Flunks Animal Rights And Environmental Issues M21 12:52PM

Propaganda Countdown to WWIII: Armenians in the Crosshairs M21 6:28AM

Paraphysique du chômage M20 10:21AM

The Language of Neoliberalism M20 5:51AM

The Shortwave Report 05/20/16 Listen Globally! M19 4:15PM

L'an 01 M18 10:58PM

The Case for Public Housing M17 7:53PM

The American work ethic M17 6:21AM

Amok ou la sanie culturelle M16 11:25PM

9 Ways American Billionaire Leasers Of Our Air Waves Kill People M15 12:06PM

Simplexité de simplexification M15 12:47AM

Moringa great health benefits at large M14 10:17PM

Suez Canal + War [1956] M13 11:28AM

Fbi forces Vets into suicide M13 5:10AM

The Shortwave Report 05/13/16 Listen Globally! M12 4:18PM

More Breaking News...
© 2000-2003 Los Angeles Independent Media Center. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by the Los Angeles Independent Media Center. Running sf-active v0.9.4 Disclaimer | Privacy