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February 04, 2003

On a roll

TA Court: Arafat must pay Egged NIS 52M for lost revenues
The Tel Aviv District Court on Monday ruled that Palestinian Authority Chairman Yasser Arafat must pay a sum of NIS 52 million to the Egged bus cooperative, because of the company's lost revenues during one year of the current intifada.

According to statistics presented in the suit, 53 attacks were carried out against Egged buses since the outbreak of the current intifada - 20 of them suicide bombings - in which 200 people were killed. The claim states that during that same period, the number of bus passengers decreased by 15-20 percent, which Egged said was a direct result of the attacks.

In addition to the suit, Egged filed a request for a lien on PA funds held by the state of Israel. The court agreed to the request, and issued a lien of the PA's value-added tax monies. The PA filed a written defense in this regard, in which it asked for a reversal of the lien.

Arafat did not defend for obvious reasons. For those a little slow on the uptake, he didn't want to be cross examined.