Tuesday, June 18, 2002

Kuwait Newspaper Says Arafat Put $5.1M Into His Personal Account

On June 7, 2002, the Kuwaiti Al-Watan daily published the following report:

"Yesterday, Al-Watan received documents from private sources in the Cairo branch of an Arab bank showing that Yasser Arafat had deposited in his name $5.1 million into a personal account. According to sources, this is theft of Arab aid funds allocated to the Palestinians through an arrangement between Arafat and his Cairo office head Ramzi Khouri."

"The sources added that according to the documents, these funds were deposited in the personal accounts of President Arafat to cover some of the president's personal expenses, including the costs of his wife Suha and their daughter who live in Paris and Switzerland."

Article Here


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