Free Republic

A part of Yasser Arafat’s secret hoard - $4 bn - has been documented and accounted for in a painstaking project undertaken by Nigel Roberts, the World Bank’s country director for the West Bank, and Palestinian finance minister Salam Fayyad. They have obtained partial information about another $1-2bn and found a further three to four billion invested on Arafat’s behalf by two individuals, his chief financial adviser Mohammed Rashid, and Palestinian-born international tycoon Samer Khoury. This was reported exclusively by DEBKA-Net-Weekly’s exclusive sources for the first time in DNW Issue 197 on March 11. ”You can stop going around with...

<p>Bangkok, July 26 (Bloomberg) -- Greetings from Thailand, where accounting standards are more rigorous than those found in the U.S.</p> <p>A bold pronouncement for sure, yet that's exactly what Thailand's Securities and Exchange Commission is saying these days. In the wake of scandals at Enron Corp., Global Crossing Ltd., WorldCom Inc. and elsewhere, Thai regulators are calling on investors to be careful about putting money into the world's biggest economies.</p>