As I have previously posted, much of this stolen money gets funneled to terrorists in the West Bank, Gaza Strip, Iraq and elsewhere throughout the middle east. All foreign aid should be ceased immediately. Once measures are out in place to minimize the chance of this money going to terror groups, then countries should reconsider resuming their aid.
From The Conservative Voice --
by Jim Kouri - Over $700 million in financial aid -- much of it from the United States -- was wasted or pocketed by Palestinian Authority officials, the Israel press reported. This multi-million dollar scandal is credited with aiding the terrorist group Hamas to achieve a surprise victory in recent parliamentary elections. Many Palestinians believed that there was widespread corruption in the rival Fatah movement.
Ahmed al-Moghani, the Palestinian attorney-general, told a press conference in Gaza City the final total could be in the "billions of dollars". He said many previous and current officials have been arrested so far and that 10 suspected thieves are fugitives who escaped to other countries.
Palestin's top law enforcement officer claims he is investigating a fictitious water-pipe company, funded by about $4 million from the Palestinian Authority (PA), and $2 million in Italian aid money. His corruption investigation includes the Palestinian oil, tobacco and broadcasting corporations.
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