Palestinian Authority President Mahmoud Abbas has decided to build houses for the Palestinian prisoners who were released in the Gilad Schalit exchange deal between Israel and Hamas.So where is the money coming from to build homes for the terrorists? The Palestine Investment Fund...(no corruption there). What are their goals (from their webpage):
The new housing project will be funded by the Palestinian Investment Fund, the Palestinian news agency Wafa reported. The PIF was established in 2003 as an independent investment company with the aim of strengthening the Palestinian economy through key investments.
The announcement came during a meeting between Abbas and some of the released prisoners in his office in Ramallah on Saturday.
Earlier, Abbas decided to award the prisoners financial grants of several thousand dollars for each inmate.
The prisoners will receive up to $5,000 from the PA and $2,000 from the Hamas government in the Gaza Strip. (JPOST)
PIF was established in 2003 as an independent investment company, which aims to strengthen the local economy through key strategic investments, while maximizing long-run returns for its ultimate shareholder; the people of Palestine.High and Stable returns by building homes for terrorists? Sounds like a solid investment...
PIF prudently invests through an investment strategy focused on long-term value creation. With an aim to generate high and stable returns through diversified strategic investments in partnership with international, regional and local partners, based on values of transparency, accountability, commitment and in line with its corporate social responsibility and sustainability objectives. PIF has a strong reputation across global markets as a trusted and responsible investment partner.
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