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Palestinian Arabs

PA spent millions on guns instead of food

Official admits Arafat misused financial aid



By Ryan Jones
May 17, 2006

The "mystery" surrounding the ongoing dependence of the "Palestinian" economy on foreign aid despite receiving more money per capita over the past decade than any other entity on earth moved one step closer to being solved Wednesday.

Fuad Shubaki, a former top Palestinian Authority finance official, admitted to Israeli interrogators what everyone in the country already knew to be true: Yasser Arafat used large portions of international financial aid and tax revenues transferred by Israel to fund the illicit arming of his people and their acts of terrorist aggression against the Jews.

According to reports in the Israeli press, Shubaki told the Israel Security Agency (ISA) that immediately upon the outbreak of the "Oslo War" in September 2000, Arafat ordered him to begin buying weapons to the tune of $6 million a year and providing financial backing to "Palestinian" terror cells.

Shubaki said he was also in charge of talks with Iran on that nation's offer to help move weapons to the terrorists.

Under pressure from the international community, the PA jailed Shubaki in Jericho for his role in financing the Karine A weapons smuggling ship, which the Israeli Navy intercepted in the Red Sea. Large quantities of missiles, mortar shells and small arms were confiscated.

Shubaki revealed that the Karine A mission was authorized by Arafat, and coordinated between the PA, Hizb'allah and the Iran's Revolutionary Guards.

Israel raided the Jericho prison in March and arrested Shubaki and other top terrorists incarcerated there after Arafat's successor, PLO chief Mahmoud Abbas, indicated he was about to set them free.

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