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Corruption

$how me the money
Freedom fighters are not supposed to be billionaires

December 30, 2004
iranian.com

Arafat, as the "sovereign" leader of the Palestinian nation, went on to invest in a company which provided leisure to Jewish kids in New York. The irony that Palestinian funds were funneled to provide entertainment to Jewish children instead of Gaza kids brings a whole new connotation to the so called innocent blood infested intifida, to seek recreation for Jewish kids and martyrdom for his people what an inconsistent approach to the cause of Palestinians. Why Bowling Alley for others and Suicide Alley for his own?

When Arafat's funeral took place amid chaotic scenes of mourning, Marwan Ahlan, a graphic designer from Jericho, was waving a banner angrily. It said simply: "Bring the thieves to trial." The thieves he was referring too embodied the political corrupt structure that the chairman of the Palestinian authority created, the day he was being interned this banner was a heartbreaking reminder of the corruption that Arafat presided.

Freedom fighters are not supposed to be billionaires, they should not make to list of the billionaires, and the words of offshore corporate structures should be alien to a freedom fighter dictionary. What has a freedom fighter to do with labyrinthine network of accounts? One would expect the annual list of billionaires, compiled by the razor-sharp Forbes and Fortune financial journalists, to be peopled by the success stories of entrepreneurial capitalism.

However in the 'rogue section‚ of the list are those kept off the bona fide list not for lack of wealth but because, "they don't exactly represent success stories of entrepreneurial capitalism." Arafat, Saddam Hussein, and Fidel Castro were the notorious names of the rogue list, whose financial juggernaut stems from their political thugery instead of business wisdom.

However, the aforementioned gentlemen were not the only member of the exclusive club of billionaire dictators. There is no short supply of corrupt billionaire dictators whose wealth has outlasted their comically corrupt regimes. Indonesia's former-President Suharto was once widely said to have siphoned off more than $10 billion during 33 years of his rule. Zaire's Mobutu Sese Seko, overthrown in a 1997 revolt, was reputed to be worth somewhere between $4 billion and $8 billion, much of it tied up in European real estate. Ferdinand Marcos of the Philippines was said to have embezzled $5 billion in government funds during his 20 years in power. Slobodan Milosevic of Yugoslavia and Robert Mugabe of Zimbabwe are other 'luminaries‚ on this 'august‚ list of corrupt leaders.

The last rogue Forbes list featured a section titled "Auditing Arafat", which surmised that he "may be brought to heel by, of all things, honest financial accounting." Last year Forbes wrote that Arafat has "feasted on all sorts of funds flowing into the Palestinian Authority, including aid money, Israeli tax transfers, and revenue from a casino and Coca-Cola bottler. The money is in a convoluted set-up of accounts, held under different names in different countries." From the intricate web of this tangled net emerges a picture of two Arafat one the olive branch- gun slinging Arafat fresh in the memories of millions of freedom fighters evoking Che-guvera type cult following, other a monetarily crooked manager.

Arafat's secret assets have been estimated at anywhere between $200 million (Forbes magazine) and $6 billion (U.S. and Israeli intelligence). Forbes listed him ninth in its ranking of the world's wealthiest heads of state -- even though he was a ruler without a country and many of his people were refugees. His inability to deliver Palestinian homeland rooted directly in his dilution of moral authority as a result of Onyx type of financial holding structures.

It seems now that an unseemly battle is underway for access to those accounts for the ill-gotten fortune. According to friends of Arafat's combative wife, Suha, a will has indeed been left, handing the control of assets to members of her family. Thirty years younger than Arafat, the Christian, Sorbonne-educated Suha Tawil married the Palestinian leader in a secret ceremony in 1992 in Tunisia, where she worked for the Palestine Liberation Organization.

After Arafat's return to the Palestinian territories in 1994, she played the part of Palestinian first lady, but spent most of her time in Paris. She left the family's home in Gaza in January 2001 and took Zahwa to Paris, where they have lived ever since at the five-star Bristol Hotel. Mrs Arafat and the Arafats' daughter, Zahwa, allegedly spent an entire year living on a floor of the Hotel Bristol in Paris, at a cost of £8,700 per night, before buying an expensive flat in the shadow of the Arc de Triomphe. French authorities have discovered that Mrs Arafat, who moved to Paris in 2000 to avoid the second intifada, received $11.4 million in money transfers from Switzerland, between 2002 and 2003.

Arafat opened his first secret bank account in 1965, after a $50,000 donation from a Prince of a Gulf state. Over the next 40 years, as the cause of Palestinian statehood received financial support from the Middle East and Europe in particular, the profits to be garnered from leading the resistance to Israeli occupation grew exponentially. Following Arafat's support for the invasion of Kuwait by Saddam Hussein in 1990, there was even a $150 million donation from Baghdad.

Although his own living conditions were frugal, Arafat, through the Palestinian Investment Fund, is believed to have bought stakes in a number of hotels in Spain, Italy, France, Switzerland and Austria. He also became the main shareholder in two cellular telephone companies in Tunisia and Algeria. In Paris, it was the struggle over Arafat's hidden millions that threatened to overshadow his final days. His wife, Suha Arafat, hoped to inherit at least part of his fortune. But, Palestinian leaders demand that it be handed over to the Palestinian people.

The assets are managed in a complex network of bank accounts, holding companies and stocks whose details are known only to his closest confidant, financial adviser Mohammed Rashid. Suha Arafat has access to some of the money, but apparently even she does not know all the ins and outs of the secret accounts. Mahmoud Abbas, has stated angrily that Arafat's fortune is the property of the Palestinian people. But, given the corrupt and surreptitious manner in which the wealth was accumulated, the problem will be finding it.

Among $799 million in international investments by Arafat, one that did catch the eye was $1.3 million in a company that owns a popular bowling alley in Manhattan. His conduct as a leader of Palestinians sending young kids to suicide missions and his investment portfolio recently reported present mind boggling craftiness and contradiction.

Arafat, the greatest freedom fighter and supporter of suicide bombings against Israeli occupation of Palestinian oversaw the machinery that help made a normal man want to die. Because Islamic law prohibits suicide, a suicidal person cannot be recruited to go on a mission. Rather, it is (perversely) necessary to dispatch only those who are not suicidal. Convincing healthy individuals to blow themselves up is obviously not easy, but requires ideas and institutions.

The process begins with the Palestinian Authority (PA) inculcating two things into its population, starting with the children: Islamic Jihad, which along with Hamas trains the suicide killers, explains: "We do not take depressed people. If there were a one-in-a-thousand chance that a person was suicidal, we would not allow him to martyr himself. In order to be a martyr bomber, you have to want to live." The same strange logic applies for Hamas, which rejects anyone "who commits suicide because he hates the world." Militant Islamic suicide killers are not born; they are manufactured.

The condolence telegram sent by Yasser Arafat to the al-Hadiri clan in Tulkarm and found among the documents of Al-Ihsan Charitable Society. The al-Aqsa Martyrs Brigades, a militant group linked to Palestinian leader Yasser Arafat's Fatah movement, claimed responsibility for the bombing: "In the name of Allah, the all-Merciful. Do not in any way view those who died for the sake of Allah [as though they were] dead; verily, they are alive and are in the presence of their lord [Allah], who sees to their needs [Surah 3, (Aal Imran), Verse 169]."

Someone demanding such lofty sacrifice from his people was making investments in New York City-based Strike Holdings; owner of Bowlmor Lanes. Bowlmor is located in Greenwich Village and is popular with Manhattan hipsters, who pay about $8 a game per person to play on evenings and weekends. News of the investment disturbed some customers at the alley, which advertises on its Web site as an ideal location for bar and bat mitzvahs for Jewish teens.

Arafat, as the "sovereign" leader of the Palestinian nation, went on to invest in a company which provided leisure to Jewish kids. The irony that Palestinian funds were funneled to provide entertainment to Jewish children instead of Gaza kids brings a whole new connotation to the so called intifida. Recreation for Jewish kids and death for his people, what an inconsistent approach to the freedom cause of Palestinians, furthermore the silence of the Palestinian and Arab polity and their inability to condemn this massive abuse of integrity is equally disgusting and outrageous.

Modern day warriors of Islam and their lust of global investments are paradoxical jingle. If a consumer buys a Snapple, Volkswagen or an Audi in the Middle East, they've bought it from the bin Ladens, who have the exclusive franchise on the brands. The bin Laden family business employs 32,000 people in 30 countries, has a revenue of $5 billion a year and is invested everywhere from construction to manufacturing to financial services to insurance to biological research.

The OBL path differs from the family; the interesting thing to contemplate is how did one child from a family of global entrepreneurs come to be the enemy of the capitalist West where as the whole family continues to flourish with ties to west? It is one thing to be scion of global billionaires and run a nice little jihad of your own and completely other to put a whole nation of Islam on a war path with west.

In course of last decade we have seen Saddam Hussein, Arafat and Osama bin Laden promoted as modern day version of great Islamic General Saladin, the face of Islamic resistance to new imperialism led by US. It was first in 1990‚s that we saw on Arab and Muslim streets Saddam appearing as contemporary version of the great warrior, donned in flowing Arabian robes mounted on a white Arabian stallion with a green standard in his hand the killer of Saladin descendents the 'Kurds of Halebja‚ was the face of Islamic resistance to Imperial decadent forces of west. Little do the Islamic world realized that how much these contemporary warriors of Islam hold dear the luxuries of the west, and how much of their monies are parked in these western corporation against who they are out to wage a jihad.

Successful freedom fighters like Gandhi, Bolivar, and Mandela had one thing in common they despised and abhorred corruption; corruption eradicates leader‚s moral authority. Mandela commended the blind trust of millions of teeming masses and delivered them to self determination through his visionary honest leadership. On the other hand billions stashed in coffers takes the moral force out of the equation of a freedom fighter, politically the reason Arafat was not able to deliver was the stinking personal fortunes that diluted his otherwise great political legacy.

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