Financial Times FT.com

Fatah begins hunt for Arafat’s missing millions

By Roula Khalaf and Stephen Fidler in London

Published: February 6 2005 22:03 | Last updated: February 6 2005 22:03

Fatah, the leading faction of the Palestine Liberation Organisation, has begun a hunt for millions of dollars in assets hidden by Yassir Arafat, its late leader.

The search, aimed at giving Fatah the financial muscle to mount campaigns against the radical Islamist group Hamas in this year's elections, is part of a broader pursuit by Palestinian organisations of the suspected fortune Arafat stashed away. Fatah meanwhile on Sunday re-issued a call for a mutual ceasefire with Israel in a bid to bolster the position of Mahmoud Abbas, the newly elected Palestinian Authority president, at peace talks due in Egypt on Tuesday.

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