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Thursday, September 01, 2005 

PLO's monetary assets in the US are frozen

In some excellent news stateside, the PLO's moolah has been frozen following a lawsuit by the children of a couple murdered by their terrorist activities against Israel:
WASHINGTON -- A Rhode Island lawyer trying to collect a $116 million terrorism judgment against the Palestinian Authority has obtained a court-ordered freeze on all its US-based assets, severely limiting most Palestinian economic and diplomatic activities in the United States at a critical moment for the fledgling government.

The frozen assets include US holdings in a $1.3 billion Palestinian investment fund meant to finance economic development as well as bank accounts used to pay Palestinian representatives in Washington, according to lawyers and court documents filed in Rhode Island, Washington, D.C., and New York. Also frozen are about $30 million in assets from the Palestinian Monetary Authority, the Palestinian equivalent of the US Federal Reserve.

Providence attorney David Strachman, who is representing the orphaned children of a couple killed in Israel by Palestinian militants, has also initiated a court action to seize and sell the Palestinian-owned building in New York that serves as the Palestine Liberation Organization observer mission to the United Nations.
The PLO most certainly should not be allowed to have any of the cash that they've stolen from even the common US citizen anymore. US citizens who care should make it clear to their representatives that they do not approve of their hard-earned tax dollars going to help a terrorist organization that's also been hostile to the US.

Hat tip: Ace of Trump.

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