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2015-10-16 Israel-Palestine-Jordan
Investigation into Arafat's Death Closed, But New One Needs to Begin (about Suha's assets)
[FamilySecurityMatters.org] On September 3rd, French prosecutors closed their investigation into the 2004 death of Palestinian Authority (PA) leader Yasser Arafat.

No autopsy was done at the time of his death as his widow, Suha, never requested one. Yet eight years later she had second thoughts. Claiming in 2012 her husband did not die a natural death but was the victim of a murder plot, French authorities opened an investigation.

As her husband lay dying in 2004, Suha-who had not seen him for the previous four years-raced to his bedside. It was not to profess her love for the Palestinian leader but to press him for information about his bank accounts. She quickly became "executor of a vast fortune," heading off PA leaders rushing to Arafat's side to do the same.
Ol' Suha hasn't been in the news much since she got to Yasser's deathbed and got the banking codes from him. Link to the news at the time, back in 2004. Seems like yesterday.
As the Palestinian people were struggling to survive, Arafat's wife, Suha, was not. In addition to receiving monthly payments of $200,000 from her husband, occasional deposits in the millions were made to her personal account-one alone of $11 million in the 2002/2003 timeframe. Living the high life in Paris, her monthly spending reportedly equaled what it would take to cover "the basic needs of five thousand Palestinian refugees in a place like Jabalya in the Gaza Strip."

But this apparently was not enough for Suha, who clearly saw an opportunity to get much more as her husband was dying.

It was well known that millions of dollars in aid given to the Palestinian Authority had failed to reach the Palestinian people. Arafat, as well as other PA leaders, established their own personal bank accounts into which much of these funds were deposited.

Armed with all the banking information she needed to access Arafat's accounts after his death, Suha cleverly positioned herself so that she held all the cards in negotiating with PA leaders for the release of the assets.

It is estimated Arafat, who controlled-according to CIA assessments-as much $6 billion in assets at one time, died with a mere $1 billion. Clearly, PA leaders were eager to get their hands on the money as well. While they eventually did, it was only after negotiating a settlement with Suha for an undisclosed amount.

An indication that Suha's settlement was substantial is evidenced by the Tunisian government's report a few years later her investments there alone totaled $40 million.

Arafat was not alone in sequestering for himself that which was not his for his own gain and to the detriment of the people whose wellbeing was in his charge.

It would be interesting to see what an accounting of the assets held in Arafat's accounts would reveal. It would be no surprise to learn much of it never made it into the hands of the Palestinian people needing it most, instead being transferred into the personal accounts of other PA leaders.
Posted by Thraling Hupoluns2819 2015-10-16 00:00|| || Front Page|| [9 views ]  Top
 File under: PLO 

#1 Claiming in 2012 her husband did not die a natural death but was the victim of a murder plot, French authorities opened an investigation.

He was murdered? You mean he didn't die of AIDS? What about the Bulgarian intelligence tapes?
Posted by JohnQC 2015-10-16 08:27||   2015-10-16 08:27|| Front Page Top

#2 I want to know where that damn red binder is.
Posted by Pappy 2015-10-16 11:19||   2015-10-16 11:19|| Front Page Top

#3 He was murdered?

Good luck reducing the suspect pool on that one.
Posted by Sven the pelter 2015-10-16 11:48||   2015-10-16 11:48|| Front Page Top

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