Aug. 14, 2002
'Arafat's a billionaire'
By NINA GILBERT
Palestinian Authority Chairman Yasser Arafat's is worth an estimated $1.3 billion, OC Intelligence Maj.-Gen. Aharon Ze'evi (Farkash) told the Knesset Foreign Affairs and Defense Committee on Tuesday.
Ze'evi also said that Arafat's financial adviser Muhammed Rashid is continuing to channel funds to Arafat, despite the progress made by newly appointed Finance Minister Salem Fayad in taking control of the ministry's finances.
According to Ze'evi, the income from PA monopolies is still being channeled to Arafat and Fayad has not yet succeeded in taking control of that money.
As for Arafat's position, Ze'evi said that he is "isolated," but is maintaining his power and legitimacy by means that include the meetings of his ministers with Israeli officials.
Even those who are close to Arafat are trying to maintain a distance from him, and are insisting on being part of the decision-making as a condition for cooperation with him, he added.
'Arafat's a billionaire'
By NINA GILBERT
Palestinian Authority Chairman Yasser Arafat's is worth an estimated $1.3 billion, OC Intelligence Maj.-Gen. Aharon Ze'evi (Farkash) told the Knesset Foreign Affairs and Defense Committee on Tuesday.
Ze'evi also said that Arafat's financial adviser Muhammed Rashid is continuing to channel funds to Arafat, despite the progress made by newly appointed Finance Minister Salem Fayad in taking control of the ministry's finances.
According to Ze'evi, the income from PA monopolies is still being channeled to Arafat and Fayad has not yet succeeded in taking control of that money.
As for Arafat's position, Ze'evi said that he is "isolated," but is maintaining his power and legitimacy by means that include the meetings of his ministers with Israeli officials.
Even those who are close to Arafat are trying to maintain a distance from him, and are insisting on being part of the decision-making as a condition for cooperation with him, he added.
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