" French officials who have been following Yasser Arafat's treatment were astonished to discover that Suha Arafat's constant companion and financial adviser was none other than Pierre Rizk, who headed the intelligence service of the Phalanga during the Lebanese civil war and was in close personal contact with the guerrilla group responsible for the massacre at the Sabra and Shatilla refugee camp in 1982. Rizk has been spotted in or near Percy Hospital in recent days. Since Rizk holds power of attorney for Suha Arafat, French and Palestinian officials have been in constant contact with him over Suha Arafat's financial demands, which she says are designed to ensure the financial future of her and her daughter. The outcome of these contacts is still not clear. ... Because of his position within the Phalangas, he has extensive contacts with several international intelligence agencies. Living in Paris since his exile from Lebanon, Rizk is an international businessman with operations in Europe and the United States. In 1999, Rizk won a legal suit he filed in the U.S. courts against the PA. The suit, which created quite a stir in financial circles in the PA, was based on a promise made to Rizk by Yasser Arafat just before the signing of the Oslo Accords in 1993, that he would be granted the license to develop the communications infrastructure in the West Bank. Rizk obtained a note, signed by Arafat, in which he undertook to award the contract to International Technology Integrated (ITI), a company incorporated in the U.S. --br-- At the same time, it now appears that Arafat was handing out similar notes to many other people and companies, promising them jobs, tenders and contracts in his future government. In practice, none of these promises were ever fulfilled. Unlike other disappointed parties, Rizk decided to sue Arafat for violating his word, and was awarded $18 million. As a result, American banks froze $80 million of the PA's money, threatening its stability. The crisis was eventually ended when the PA sent envoys Paris to negotiate a settlement. " ( da Haaretz, 9.11.04 )



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