imc indymedia

Los Angeles Indymedia : Activist News

white themeblack themered themetheme help
About Us Contact Us Subscribe Calendar Publish RSS
Tell the NSA: StopWatching.US

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
link:

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

Families Protest Abusive Foreclosure Practices of Wells Fargo Bank A26 10:37AM

How is CCSA's Ref Rodriguez hiding his billionaire and ideologue contributors? A21 12:08PM

What drives charter profiteer Ref Rodriguez? A21 12:04PM

Los Angeles Artist Threatens 40 Million Dollar Law Suit for Public Storage Illegal Auction A20 4:08PM

RAC-LA Community Center Grand Opening A20 1:44PM

KPFK and Pacifica- woes unrelenting... A19 4:20PM

RAC-LA Community Center Badly Needs Your Support A14 10:09PM

Meet Green elected school board members, Sunday, March 29 in LA - 4pm M26 2:36AM

Californians Shame Regulators For Teaching Big Oil How To Skirt Law and Pollute Our Water M25 5:28PM

Next "Star Wars" to score in Los Angeles for First Time in Franchise History M25 10:43AM

More Local News...

Other/Breaking News

Netanyahu Appoints Right-Wing Extremist to Head Israel's Diplomatic Corps M25 11:33AM

Venezuelan/Palestinian Relations: Based on Brotherhood, Solidarity and Mutual Support M25 9:27AM

Propaganda Accompanies Kiev's Buildup for Escalated Aggression M25 7:35AM

Washington Created the Islamic State (ISIS) M25 4:45AM

Paraphysique de la naissance M24 11:15PM

fbi/Gestapo M24 12:34PM

Netanyahu: Hate-Mongering Racist, Mass Murderer, Serial Liar M24 11:27AM

US-Supported Islamic State Terrorists Seize Palmyra M24 9:31AM

Grand Theft Poroshenko M24 7:35AM

Hillary Clinton Endorses GMOs M24 4:54AM

Margaret Sommers - Public Storage's "CUNT OF THE YEAR" M23 5:09PM

Memorial Day Dishonor and Disgrace M23 12:13PM

Russians Traveling Abroad Risk Lawless US Abduction M23 9:51AM

Obama Supports Nuclear Proliferation, Opposes Disarmament M23 7:25AM

Global March Against Monsanto Day M23 2:44AM

Endless Nakba M22 11:37AM

Jail torture trick M22 8:56AM

Obama's War on Yemen Rages M22 7:02AM

Heading Toward Financial Maidan in Ukraine? M22 4:01AM

The Shortwave Report 05/22/15 Listen Globally! M21 5:25PM

Mad men of government driving good men to distraction M21 3:13PM

Ukraine Provoking Confrontation with Russia M21 11:17AM

Saudi Arabia: Headed Toward Becoming Nuclear Armed and Dangerous? M21 7:27AM

Foreclosure Victims Occupy Senate Stump Speech of Kamala Harris M21 4:58AM

Israeli Defense Minister Threatens to Nuke Iran M21 2:31AM

Transinhumanisme ( transe inhumanisme ) M20 11:17PM

Transinhumanisme ( transe inhumanisme ) M20 11:04PM

Next Generation Climate Justice Action Camp Aug 4-8, 2015 M20 3:53PM

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