Skip to comments.PLO [Palestinian Authority] Assets Un-Frozen
Posted on 02/16/2011 12:49:29 PM PST by Amerisrael
PLO [Palestinian Authority] now able to move financial assets in and out of the U.S.
In 2005 a Federal judge issued an order freezing the financial assets after the PLO failed to respond to a law suit filed by family members of Americans who were victims of a terrorist attack.
"The Palestinian Authority has settled a federal lawsuit in Rhode Island over the shooting deaths 15 years ago of a couple driving home from a wedding in Israel, according to court papers filed Monday."
"The documents don't reveal the terms of the settlement, and it's unclear how much, if any, money the Palestinian Authority offered to resolve the case."
"The settlement erases a $116 million default judgment entered against the Palestinian Authority and Palestine Liberation Organization for refusing to respond to the lawsuit. It also lifts a judge's 2005 order that had barred the Palestinian Authority from transferring or withdrawing assets in the United States."
The PLO's financial assets should already have been frozen because of its role as a terrorist organization.
In 2002 official PA documents were captured during Israel's counter-terror operation Defensive Shield, which proved that the Al Aqsa Martyrs Brigades, [a U.S. recognized terrorist organization], and the Fatah which runs the Palestinian Authority, were both the same organization.
Things have not changed:
New Fatah Central Committee has ties to Al Aqsa Martyrs Brigades-Camera
(Excerpt) Read more at amerisrael.typepad.com ...