Original newspaper scan
scroll · drag · double-click

Koha Jonë

E mërkurë 16 Janar 1997

Blows instead of usury

Bank of Albania: Only 30 thousand dollars a day for the usurers pages 2,3,4,5,6 “Voice of America” arrests Suda The bosses and the swindlers in a vicious circle Last week, only 1.4 million USD were poured into the companies that take money on usury. From Monday until Wednesday (yesterday) alone, at the counters of the pyramid firms, activity was visibly around 300 thousand dollars at one and, at the other, the President of VEFA, Klaus? Guzman? Nji? only 300 thousand dollars. Thus, the company and the pyramid firms continue to be bigger than the state and their government. By last night, up to 2 million dollars in cash may have entered the “companies” in total. It is expected that these companies will meet a bitter end in real money, so it is no surprise that three weeks ago the pyramid firms hastily cleared the deposits to announce wild trading. In this specific case, the people are doing it themselves, just as they are also moving? quickly and tulut? Pots? trade return with the national commercial bank, so it is beginning to be understood that the one-year scenario of this national phenomenon is cold. The ruin of Albanian usury apparently lies elsewhere. Ms. Limi? has transformed the surname, writes page 5 of culture’s humor column, speaking a little about this “Ky” program on Albanian television. Now even actors of the Albanian stage are playing certain roles with the destructive spirit of the shock that has overtaken our ruined Albania. Yesterday during the demonstration at Suda
Suden Shqipëri

The bosses and the swindlers in a vicious circle

There are some signs that can be noticed with nervousness at the largest company of this capital, which apparently is going badly and quickly toward the end. Only against a normal withdrawal, the firms can wait thousands of people for long hours, and this in conditions of anxiety as if each person were threatened with losing. In recent days, a general hysteria about usury has been created, not only among tired people but also among their employees. In particular, many citizens remember the evening when, at the counter of the company “Sude” in Tirana, a revolt broke out in front of the offices. The citizens were insistently demanding the return of the money while especially recalling the well-known slogan “Either we want the money, or Sude’s heads”. In this turmoil there were injured people and the police intervened. This tense situation is being reflected in all the pyramid companies and especially in the capital city.
Tiranë

NOTICE

All citizens who will apply to KO-Konsumacionit? and to Pijes? are informed that, starting from 01.02.1997, the interest rates and commissions are as follows: 1 - 4% if you withdraw for 12 months “tatëhoj” or interest every three months, with the object secured by mortgage. 2 - 5% if you withdraw for 10 months and above, monthly contract/or? price? for mortgage. 3 - 7% if you withdraw above? contract 6 months/or? price? for mortgage. Every month or after 6 months 42% interest. For clarification you can contact the interest office every day from 9:00 to 14:00. Tel 063/23905 and 063/24228 Kambesi Company