Palestinian Authority President Mahmoud Abbas has allegedly deposited
nearly $13 million in U.S. taxpayer aid into a secret bank account, and
routinely uses his political connections to profit from the stagnant
peace process, according to testimony presented to Congress Tuesday by several Middle East experts.
Abbas has enriched himself during his seven years in office through secret land deals, and helped his two sons earn millions of dollars through their stakes in companies that profit from U.S. assistance, the experts said during a House Foreign Affairs Committee hearing entitled “Corruption within the Palestinian Political Establishment.
Abbas’ sons—Yasser and Tareq—have used their government ties to secure plum contracts and special treatment for business partners, according to Jonathan Schanzer, vice president for research at the Foundation for Defense of Democracies.
The corruption just scratches the surface of the Palestinian first family’s shady dealings, experts warned.
Abbas has “used his position of power to line his pockets,” declared Rep. Steve Chabot (R., Ohio), chair of the House Foreign Affairs Subcommittee on the Middle East and South Asia. “Our policy must aim to empower those who seek to serve the Palestinian people instead of themselves.”
Though Abbas and the PA are considered to be a safer, more moderate alternative to the terror group Hamas, which controls the Gaza Strip, the corrupt Abbas regime has poisoned peace talks as it seeks to secure power, experts and lawmakers said.
Read more: http://freebeacon.com/lifestyles-of-the-rich-and-palestinian/
Abbas has enriched himself during his seven years in office through secret land deals, and helped his two sons earn millions of dollars through their stakes in companies that profit from U.S. assistance, the experts said during a House Foreign Affairs Committee hearing entitled “Corruption within the Palestinian Political Establishment.
Abbas’ sons—Yasser and Tareq—have used their government ties to secure plum contracts and special treatment for business partners, according to Jonathan Schanzer, vice president for research at the Foundation for Defense of Democracies.
The corruption just scratches the surface of the Palestinian first family’s shady dealings, experts warned.
Abbas has “used his position of power to line his pockets,” declared Rep. Steve Chabot (R., Ohio), chair of the House Foreign Affairs Subcommittee on the Middle East and South Asia. “Our policy must aim to empower those who seek to serve the Palestinian people instead of themselves.”
Though Abbas and the PA are considered to be a safer, more moderate alternative to the terror group Hamas, which controls the Gaza Strip, the corrupt Abbas regime has poisoned peace talks as it seeks to secure power, experts and lawmakers said.
Read more: http://freebeacon.com/lifestyles-of-the-rich-and-palestinian/
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