OPM in new denial over Gaddafi threat to Maltese business

Employers and unions told MaltaToday of threats to Maltese businesses in Libya, communicated to them during Monday's MCESD meeting.

The Office of the Prime Minister is denying a report in MaltaToday.com.mt that Lawrence Gonzi is informed of threats to Maltese businesses in Libya, that their assets could be seized if they do not reopen their businesses.

The comments were made by Gonzi during a session last Monday of the Malta Counil for Economic and Social Development.

Both union and employer representatives told MaltaToday yesterday, and today, that the PM had been informed by businesses of this threat.

Specifically, certain business owners recieved phone calls “from Libya” encouraging them to reopen their businesses “within two weeks”.

Sources said business operators were now scared their assets, most of which were left behind during the evacuation, could be seized by pro-Gaddafi forces and authorities.

This is yet another instance in which the OPM, sensitive to information on Libyan-Maltese relations, attempts to deny claims appearing in newspapers on Maltese businesses. MaltaToday stands by its story.

In a statement released this afternoon, the OPM denied that a meeting with business owners was to be held on Friday, and claimed MaltaToday’s original article “included other things that are not true, including that of some invented communication from the Prime Minister.”

GRTU boss Vince Farrugia has called on government to guarantee loans granted to businesses with investments in Libya, and for banks to be more flexible with their clients.

Farrugia, who has set up a task-force within his organisation to assist Maltese companies with Libyan investments in the wake of the current uprising, has appealed to government to “focus on helping these businesses which may have problems with the banks. I am urging the government to act as it did during the banking crisis and guarantee these business loans,” he told The Times.

avatar
Luke Camilleri
The Office of the Prime Minister is denying a report in MaltaToday.com.mt --------------------- Nemmnuh?
avatar
"This is yet another instance in which the OPM [...] attempts to deny claims appearing in newspapers" Nothing new there. I just couldn't stop laughing hearing the TVM newsroom practically calling Al Jazeera liars! TVM vs Al Jazeera - anyone with some brains can realise which newsroom is more likely to lie
avatar
Priscilla Darmenia
The Alchemist I fully agree with you. The local businessmen knew the risk before they invested and still went ahead. They did not share the profits with us, so why should we support their losses?
avatar
I am not so worried about the local businessmen who invested in Libya they knew there were risks I am more worried about those 500 maltese who's daily lives depends on a job in Libya. That should be gonziPN's government first priority, but then these guys only have a vote the others are the sponsors.
avatar
By the way cause I forgot, Dr Gonzi really looks cool flanked by the dictator!
avatar
The government knows that it cannot run with the foxes and hunt with the blood hounds. The businessmen knew all along that doing business with Libya was very risky. But still they went there to make millions. Now Vince Farrugia cannot expect the government to come to their aid because we cannot afford to pay more taxes. While the going was good they made millions and good luck to them. Now they can reap from the profits they made.
avatar
This is serious news for Maltese businessmen. Let's hope Government finds a way how to go round all the U-turns it has indulged in since the outbreak of the Libya crisis. Sending Censu Farrugia over to Tripoli to protect the interests of his Union members could be one solution to the dilemma. If he succeeds well and good, if he is kidnapped in the mayhem and chaos that would be unleashed on the city should the rebels win, well ... I will will allow you to end the sentence. To each his own.