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In addition to Micro Credit Albania, there are also a number of other companies that provide loans with super high interest rates. Why doesn't Sejko take any measures for IuteCredit, Besa Fund, Kredo.al, etc.?
The latest moves by Gent Sejko, the government and the judiciary are proving how the companies that pay interest have grabbed the state and politics by the throat.
Micro Credit Albania (MCA) is one of many companies that are extorting Albanians every day and the state authorities are powerless. This pyramid company buys bad loans from other non-banking institutions and then initiates blackmail and enforcement procedures against citizens. Through threats, pressure and blackmail, millions of ALL are taken from the citizens, although they may have received minimal loans.
Complaints against this company have been endless and the Bank of Albania a few months ago decided to suspend its license for the second time, without taking a measure to revoke it completely. A few days ago Gent Sejko tried to justify himself that his "hands were tied" and he could not take any measures.
" Why hasn't the license been revoked? The license has not been revoked because revoking the license would take the portfolio of these clients out of the credit register administered by the Central Bank. Therefore, the removal from the credit register of customers who are not all non-performing - some pay, some have payment difficulties - would lead to the perception that the loans are forgiven and they would not pay in the first place, so this would to create a precedent and in the banking system itself, and a risk to increase the problem loan which I mentioned that we reduced from 25 percent to 4.7 percent ", he justified.
Also, the Bank of Albania in a reaction bills the responsibility to the Ministry of Justice, the Chamber of Enforcement and other judicial institutions.
But in the meantime we have two problems. First, Gent Sejko seems to be building an alibi, since SPAK has opened an investigation. The governor is closely related to the financial pyramids. In addition to Micro Credit Albania, there are also a number of other companies that provide loans with super high interest rates. Why doesn't Sejko take any measures for IuteCredit, Besa Fund, Kredo.al, etc.? Even these companies are ripping off Albanians. Sejko only gives them licenses and does not interfere.
Secondly, from the reactions of the last few days, it is clear that these companies have captured the state. The Ministry of Justice launched an urgent letter to several state institutions, including the Bank of Albania and the State Cadastre Agency.
According to the documents signed by Deputy Minister Klajd Karameta, the Bank of Albania was required to take urgent measures to block the activity of Final and Micro Credit Albania, while the State Cadastre Agency was required to provide information on the number of properties that these two companies have alienated from Albanian citizens.
BSH justified that it could not intervene. While Dallandyshe Bici has completely ignored the request of the Ministry of Justice to send information regarding the number of properties that Micro Credit Albania has alienated so far. On the other hand, the House of Executors has not reacted, causing this story to pass in silence.
We also have the policy that is silent. The MPs come out and talk when their pockets are touched, while for this scandal they have sewn their mouths both left and right. Some time ago, a group of deputies even went to the offices of one of the financial pyramids, clearly witnessing the bazaar. / Pamphlet
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