The Mudcat Café TM
Thread #57637   Message #907241
Posted By: GUEST,Water Pricehouse
11-Mar-03 - 08:54 AM
Thread Name: BS: Arafat's $300 million
Subject: BS: Arafat's $300 million
Despite billions in foreign aid, most of the people living in the Palestinian territories live in poverty.

Their leader, Yasser Arafat does not come from a family with inherited wealth. He has never been a businessman. He has never had a job other than being leader of, first, the PLO, and now, the Palestinian Authority.

And yet, in the past decade, Arafat has amassed a personal fortune, most of it kept in French banks, of more than $300 million U.S. dollars.

The facts and figures have been documented in Forbes Magazine's list of the world's "richest Kings, Queens and Despots."

Even if Arafat's salary was as much as that of the President of the United States, it would take 1500 years with no living expenses to amass that kind of fortune.

Could it be that Arafat is corrupt?