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| Mahmoud Abbas, photo: AP |
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.
(…)
Adam Kredo, The Washington Free Beacon
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