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

Stop Circus Animal Suffering – Protestors Urge Audiences to Shun the Wild Animal Circus S07 5:57PM

Nuclear Shudown News Aufust 2016 A30 3:46PM

WIKIpedia is not what we readers Thought nor is it even current about Pacifica or KPFK A24 3:10PM

"KPFK has a $500,000 deficit “ !! Can this be true? A19 6:10AM

Nuclear Shutdown News July 2016 A01 1:36PM

A 99-page report "Election fraud" from Election Justice USA A01 4:14AM

INDY's KPFK radio program being eliminated ? too ? J10 4:57PM

Bertolt Brecht Testifies Before the House Un-American Activities Committee (1947) 2 min J02 3:04PM

Pacifica-KPFK Archives, director resignation J18 4:50PM

SAVE KPFK & PACIFICA: VOTE IN THIS CRUCIAL ELECTION! J18 3:39PM

KPFK radio elections for LSB coming Quick ! J18 1:05PM

KPFK Local Station Board Elections In-Progress J13 11:31AM

Black Lives Matter Activist Jasmine Abdullah Sentenced Three Months in Jail on Attempted Lynching Charge J09 2:08AM

Why are the Park Rangers making it even more difficult for the homeless in Los Angeles? J04 3:11PM

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

More Local News...

Other/Breaking News

Counterintelligence Operations Against A Target Are Global S24 8:15AM

Star Wars Battlefront Death Star DLC S23 3:18PM

Paraphysique de l'aplasie S23 2:37AM

The Shortwave Report 09/23/16 Listen Globally! S22 5:34PM

Philippines: The Punisher's dirty war on drugs S21 11:50PM

Final Shot Astuce Gem Tricks S21 3:58PM

How to get rid of fleas by Robert George Tronge S21 11:52AM

SB Game Hacker is ready to work S21 10:06AM

Joanna Lumley slams CITES’ rhino horn proposal S21 9:24AM

KPFK :must VOTE by 9/30 to local board. S21 9:02AM

NBA 2K17 Prelude Download Australia/New Zealand on PS4 and Xbox One S21 5:29AM

Power Elites: On the Great Illusion of Pluralist Liberalism S21 5:05AM

Chronicité intempestive S21 2:04AM

USA: Inhumane S20 5:49PM

Joanna Lumley slams CITES’ rhino horn proposal as ADI make a stand for the African elephan S20 5:22PM

Joanna Lumley slams CITES’ rhino horn proposal as ADI make a stand for the African elephan S20 5:20PM

Dorothy Willetts Designs a Chair for Event to Benefit Illumination Foundation S19 4:26PM

KPFK & Pacifica's Archives seem oddly silent about transitions. Any ? S19 1:09PM

Modern Strike Online Hack - Get Unlimited Gold S19 4:34AM

Growth Criticism and Reduced Working Hours S18 9:54AM

Algorithmes de l'isolement généralisé S18 12:24AM

Homo homini lupus S17 8:53PM

Fbi illegal methods and criminal agenda exposed S16 11:05PM

Prêt-à-porter-du prêt-à-penser S15 10:04PM

The Shortwave Report 09/16/16 Listen Globally! S15 5:22PM

Ricky Gervais urges public to support ADI bid to restrict hunting and save African lions S15 11:41AM

Mozambique President Meets IMF and World Bank As Debt and Corruption Concerns Loom S15 9:43AM

Vote Out NC Sen. Richard Burr Who Tried To Derail Critics Of CIA Torture S13 11:54AM

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