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Thursday, February 9, 2006

Further on the story Palestinian Authority 'may have lost billions': this one is from the PA itself.

Interpol Hunting Ten Palestinians Accused of Corruption

Palestinian attorney general Ahmed Al-Meghani told reporters on Sunday that a corruption investigation involving a multi-million dollar scandal has concluded that senior officials of the Palestinian National Authority (PNA) may have stolen $700 million of public funds, adding he has made 25 arrests so far and issued international warrants for 10 other people, whom the PNA is seeking their extradition by the INTERPOL.

Some of the fugitives were arrested and now in his custody in Palestinian prisons, said Al-Meghani. “We are proceeding with other procedures in this regard in accordance with the Riyadh Arab agreement for judicial cooperation in 1983,” he added.

“There are 50 cases of financial and administrative corruption. The amount of money that was squandered and stolen is more than $700 million,” he told a press conference in Gaza City, adding: “Some of these millions were transferred into personal accounts here and abroad.”...

One of the alleged crimes is the worst thing of all...

Among the corruption files under investigation Al-Meghani said that some defendants are accused of selling land to foreign countries, meaning Israel, the Occupying Power of the West Bank and Gaza Strip since 1967.

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