[6] Under Palestinian Authority Prime Minister Salaam Fayyad, the PIF was celebrated for its transparent business practices, but since 2011, it has become involved in funding more and more questionable projects.
[7] In June 2012, Mohammed Rashid (also known as Khaled Salam), the former economic adviser to Yasser Arafat, was sentenced to 15 years in prison after being found guilty of embezzling from PIF, the PLO and the Palestinian Authority.
[8] In April 2016, Mohammad Mustafa, the company's chairman and co-president, has been named in the Panama Papers.
[9] The Palestine Investment Fund has undertaken many projects in the Energy, SMEs, Real Estate, Agricultural, Health and Industrial sectors.
Now fully completed and occupied with 54 villas and 3 apartment buildings, green areas and shopping outlets.