Well, Arafat worked for the CIA, so it all evens out.
It appears it's a bit more complex than that...
See the link at the end to access the hyperlinks in the excerpt.
Before I defected to America from Romania, leaving my post as chief of Romanian intelligence, I was responsible for giving Arafat about $200,000 in laundered cash every month throughout the 1970s. I also sent two cargo planes to Beirut a week, stuffed with uniforms and supplies. Other Soviet bloc states did much the same....
I was given the KGB's "personal file" on Arafat. He was an Egyptian bourgeois turned into a devoted Marxist by KGB foreign intelligence. The KGB had trained him at its Balashikha special-ops school east of Moscow and in the mid-1960s decided to groom him as the future PLO leader. First, the KGB destroyed the official records of Arafat's birth in Cairo, replacing them with fictitious documents saying that he had been born in Jerusalem and was therefore a Palestinian by birth.
The KGB's disinformation department then went to work on Arafat's four-page tract called "Falastinuna" (Our Palestine), turning it into a 48-page monthly magazine for the Palestinian terrorist organization al-Fatah. Arafat had headed al-Fatah since 1957. The KGB distributed it throughout the Arab world and in West Germany, which in those days played host to many Palestinian students....
Arafat was an important undercover operative for the KGB. Right after the 1967 Six Day Arab-Israeli war, Moscow got him appointed to chairman of the PLO. Egyptian ruler Gamal Abdel Nasser, a Soviet puppet, proposed the appointment. In 1969 the KGB asked Arafat to declare war on American "imperial-Zionism" during the first summit of the Black Terrorist International, a neo-Fascist pro-Palestine organization financed by the KGB and Libya's Moammar Gadhafi. It appealed to him so much, Arafat later claimed to have invented the imperial-Zionist battle cry. But in fact, "imperial-Zionism" was a Moscow invention, a modern adaptation of the "Protocols of the Elders of Zion," and long a favorite tool of Russian intelligence to foment ethnic hatred. The KGB always regarded anti-Semitism plus anti-imperialism as a rich source of anti-Americanism....
In March 1978 I secretly brought Arafat to Bucharest for final instructions on how to behave in Washington. "You simply have to keep on pretending that you'll break with terrorism and that you'll recognize Israel -- over, and over, and over," Ceausescu told him for the umpteenth time....
Mr. Pacepa was the highest ranking intelligence officer ever to have defected from the former Soviet bloc. The author of "Red Horizons" (Regnery, 1987), he is finishing a book on the origins of current anti-Americanism.
Source: Wall Street Journal (September 24, 2003)
http://www.jewishvirtuallibrary.org/yasser-arafat-s-kgb-connections
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From the Wall Street Journal...
The KGB's Man
By Ion Mihai Pacepa
Sept. 22, 2003
The Israeli government has vowed to expel Yasser Arafat, calling him an "obstacle" to peace. But the 72-year-old Palestinian leader is much more than that; he is a career terrorist, trained, armed and bankrolled by the Soviet Union and its satellites for decades.
“Well, Arafat worked for the CIA, so it all evens out.”
Usually, the truth is that the CIA didn’t do squat, because they are incompetent.