GRTU calls on government to guarantee Libya business loans
Forces loyal to Col Gaddafi celebrate.
GRTU director general Vince Farrugia has urged the government to guarantee the loans of businesses with interests in Libya and for the banks to be more flexible in dealing with these clients.
Mr Farrugia said the government had responded well during the global banking crisis by safeguarding people’s deposits through guarantees, and should therefore adopt a similar strategy in the Libyan crisis.
“Some of the banks are now tightening their belts with people who have business interests in Libya and who have bank loans. They should actually be a bit more flexible after all the government used taxpayers’ money to guarantee people’s deposits during the banking crisis,” Mr Farrugia told The Times Business.
He added: “The government task force on Libya should now 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.”
Contacted by The Times Business, Malta’s larger banks said they were offering support to affected businesses on a case-by-case basis.
Bank of Valletta said it had always acted with the necessary prudence when dealing with customers operating in countries perceived to carry high political risk.
“While BoV has never refused to consider financing business ventures and operations in Libya, it has always done so with great caution. As a result, the risks to the bank arising from the current situation in Libya are quite contained. In the meantime, we are dealing with those customers who are experiencing difficulties in Libya on a case-by-case basis, while safeguarding the interests of both sides,” the bank said.
HSBC Bank Malta said it remained “fully supportive” of customers with business interests in Libya and would continue to work with them on a case-by-case basis.
“HSBC will continue to monitor closely the developments in Libya and work with the appropriate Maltese authorities accordingly,” a spokesman added.
Meanwhile, Mr Farrugia said he did not know how the Libyan crisis would end “but there is definitely going to be a long period of instability and insecurity whatever the outcome and this is bound to have negative consequences for Maltese businesses.”
“Our GRTU members are mainly suppliers to Libya who are very worried about the situation there. The logistical situation is in complete disarray, business is at a standstill. It is a logistical nightmare,” he said.
Mr Farrugia said that if Gaddafi were to win – “which now seems likely” – the Libyan leader and his regime would be isolated and shunned by the international community, and this was likely to have negative repercussions for Maltese businesses.
Mr Farrugia pointed out, however, that in such a scenario there could be a silver lining for Malta, as the island could be used as a residence by expatriates who had business dealings with Libya, in the event of an isolated Libya.
“We did a superb humanitarian job in getting our nationals out and helping in the evacuation of foreign nationals, but we need to focus more on helping the needs of the business community with interests in Libya. The government must give extended guarantees to these companies for their loans. It must also urge the banks to be more flexible,” he said.
He quoted one economic operator in Libya who had told him: “Everyone is planning for the worst possible outcome. The Maltese will not be allowed in easily now and the banks are slaughtering us. And many employees will be let go soon. All people want is time to rearrange their businesses, time the banks refuse to give because they are sensing a kill. That is why we are calling for EU help in the form of bank guarantees. We estimate that loss of income from Libya will be at least €65 million imminently.”
He said the GRTU was very concerned about the suffering of the Libyan people and had sent 60 pallets of medical and humanitarian supplies to Libya worth €1 million. Mr Farrugia thanked all those who had participated in the GRTU’s campaign to help the Libyan people. “I would like to express the GRTU’s solidarity with the Libyan people in these difficult times,” he said.
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Alfred Cassar
Mar 17th 2011, 20:56
Are you serious Vince? Tell us that this is a joke pls
Charles Massa
Mar 17th 2011, 16:58
Mhux hekk sur Farrugia. Il gvern jaghmel garanzija ghal min investa fil Libya. L ewwel nett shabek tal Europa ma ihalluhx u it tieni jekk il bank jigbed il garanzija min se jhallas? Il poplu Malti bit taxxi. Meta businessman jinvesti ghandu certi riskji - tista tigi tajba u kien hemm investituri li investew fil Libya u inpalaw il miljuni u tista tigi hazina. Dak huwa riskju tal business. F dan il kaz giet hazina almenu tidher. Il businessma kull ma ghandu jara kif se jigbor flus naturalment bl intervent tal gvern. Jekk ma jamilx hekk huwa businessman tal bnazzi u mhux tajjeb ghal business
victor caruana
Mar 17th 2011, 16:13
@marvil spagnol u george debono
Le m'ahniex komdi m'inhix komdu ma naghmel xejn jew haddiem tal-gvern. Ma ghamiltx bhal dawk li jinvestu ghax ma kienx jibqghali x'ninvesti wara li nhallas it-taxxa kolla. qed tifhem spagnol. U ma kelliex hbieb tal-bhieb mal-b anek biex ituni overdrafts li issa ma nafx kfi se jithallsu..
Jekk xi hadd minnkom haddiema ma dawn is-sinjuri li ghamlu flus kbar il-libja jiddispjacini ghalikom. u jiddisplacini ghalikom aktar minn dawk li kienu jhaddmukom gol-Libja. Zgur ma rridx taxxi tieghi isostnu lil nies hbieb ta' Vince Farrugia li dejjem dabbar rasu fejn jaqbillu.
J Brincat
Mar 17th 2011, 15:11
@J Farrugia
A guarantee on a bank deposit is statuatory requirement imposed on Banks by ECB so it has nothing to do with investors who risk high to gain more in the short term. I think you are confising matters.
Louis Gatt
Mar 17th 2011, 14:42
I totally disagree with GRTU on this request. Why should tax payers pay for the fat cats who earned millions from Libya? When the time was good they made huge profits...good luck to them, but please don't ask for any guarantees when the going gets tough!
A Camilleri
Mar 17th 2011, 13:58
Maybe after a very detailed and lengthy study to determine how much profits derived wholly and exclusively from Libya the companies seeking the guarantees declared in their past Income Tax returns.
E. Azzopardi
Mar 17th 2011, 13:22
If this gentleman is expecting us taxpayers to make good for this, then this is totally unacceptable.
Taxpayers have already made good for so many inefficiences and forked out billions of euros. We do not have to mention all the entities but last and not least Air Malta. When employees with private companies get the sack, nobody cares about them and they are not offered sums of money or another job. Taxpayers have had it up to their noses. Anyway, I firmly believe that this gentleman should make space for somebody else with an open mind as he has expired.
CEllul
Mar 17th 2011, 12:39
I agree with helping these companies as long as such help is tied with productivity. Am I right Mr Vince Farrugia? Or there's different weights and measures between workers and private organizations?
On a serious note, these companies had produced a lot of work and generated wealth for both Maltese and Libyan citizens. Just five months ago, no one, not even the best of analysts would have predicted what was going to happen in Libya. Not to forget that various Maltese governments has encouraged these private companies to invest in Libya to strengthen the relationships between these two countries. So yes I agree with helping these organizations. There's too much on stake (in terms of workers losing jobs and shareholders losing money).
j.camenzuli
Mar 17th 2011, 12:32
Does he expect the tax payers to foot the business losses?
Before they invested their money in Libya, they knew the risks involved.
When they made a profit did they give a percentage to the central bank to help the maltese economy?
What happened in Libya is an act of god. Thats how insurance looks at it.
All they and GRTU can do is pray for things to return to normal.
Remember the Maltese Economy can't support or subsidise every Jack, Tom and ........, otherwise we won't be in the black by 2015!!!!
J FARRUGIA
Mar 17th 2011, 12:11
With all due respect to all.
Malta enterprise helped Maltese businesses to invest in Libya.
Also when there was the international crises the government guaranteed your bank deposit even if he was not obliged to as you are taking a risk buy putting your money in the bank.
John Debono
Mar 17th 2011, 22:40
With all due respect: I did not need that guarantee, because I would have withdrawn all my cash at the earliest rumour that banks were going under. In any case I do not have 100k at the bank so really and truly it was another disguised guarantee for businesses at my own expense. Fortunately with this one, everyone understands its implications because of its directness.
Joseph Tanti
Mar 17th 2011, 11:52
This is totally nuts.
Why should the taxpayer (including I who take a more cautious risk-stance in doing my business) carry the burden of those who have for a long time eked out a much higher profit margin because of the risky deals they have undertaken?
Everyone has to understand that higher profits can be made only at a higher risk. If that risk goes sour, those who take a more cautious risk stance should not be asked to make up for the losses taken by those who are reckless.
NO TO NATIONALISATION OF LOSSES AND PRIVATISATION OF HIGH-RISK PROFITS. If those doing business in Libya did their business well, they would have sold their risk to insurers.
joe micallef
Mar 17th 2011, 11:45
That very nice who asked them to invest in Libya nobody they invested in Libja because thay wanted to make big money now they want the goverment to help them from the taxpayer money first Gonzi went on to say that Gaddafi should resign and so on when he should have said nothing now they are scared that if Gaddafi stay in power what is going to happen to there business I don't think Gonzi is going to say Hi to Gaddafi so thes business can go back to Libya
M Vella
Mar 17th 2011, 11:36
GRTU, grow up please, so , You take the profits, we take the risk.
UNBELIEVABLE ONLY IN MALTA.
Frans Sammut
Mar 17th 2011, 11:33
The GRTU's appeal strengthens my belief that a Maltese delegation (made up of former premier Karmenu Mifsud Bonnici and EU Commissioner John Dalli) deployed to negotiate peaceful mediation in Libya would have been far wiser than threatening the Libyan Regime with military intervention. The UN Secretary General is mentioning a similar option (in the shape of a call for a ceasefire) but may now be too late to avoid a bloodbath. Tribal politics and attendant civil wars are not to be tackled by armchair observers with a secular inferiority complex inherited from a colonial past, but by seasoned politicians like the two gentlemen I mentioned above and who may enjoy far greater respect among the players on the Libyan chessboard. A mix of such an inferiority complex plus a dose of underestimation for the players on both sides of the ongoing "game" does produce an honourable attitude that could materialize into a very valid contribution to defusing the human tragedy unstoppably unfolding in that neighbouring country.
Corinne Vella
Mar 17th 2011, 15:56
There is no room for negotiation. Gaddafi doesn’t want to go. His opponents don’t want him to stay. Karmenu Mifsud Bonnici and John Dalli have caused enough trouble already. This is a good book for armchair observers with a superiority complex
http://www.amazon.com/Reckless-Mind-Intellectuals-Politics/dp/0940322765
J Brincat
Mar 17th 2011, 11:28
All businessmen knew that Libya was a country with a very high risk profile. They went there to make a lot of profit on their investment in a very short time and which they could not possibly make in Malta. They lifestyle is evident of the large profits they made. So how could Vince Farrugia expect the Government to guarantee their loans? Also how can we be sure that all the money earned in Libya was transferred to the Maltese banks to help the economy or was siphoned off elsewhere?
Joe Ellul
Mar 17th 2011, 11:16
Dear GRTU, please keep your silly comments to yourself. Or better still ask your members to foot the bill for these "poor" people. That will create a brotherly comradeship everlasting....
J Brincat
Mar 17th 2011, 11:15
All businessmen knew that Libya was a country with a very high risk profile. They went there simply because of the great return they would make from their investments in the short term. They were risk takers and so why should the government guarantee anything? How can we be sure that all the profit was transferred to the local banks to help the economy or was not syphoned off elsewhere?
Frank Portelli 2BFRANK
Mar 17th 2011, 11:12
We should be concentrating on saving - lives at this point in time
The Libyan people being massacred on a daily basis by the Gaddafi family.
First things First.
Dr Frank Portelli
John Frendo
Mar 17th 2011, 10:54
Sur Farrugia, issa ilkom zmien sewwa terdghu mil-Libya u qatt ma tajtuna xejn, allura issa li ma baqghetx tajba u ma jidhirx li se tkomplu terdghu, b'liema wicc tost tigi ghandna biex naghmlu tajjeb ghall-irrisponsabbilta' taghkom? Għalhekk sur Farrugia ippermettili nghidlek li wiccek u l-warrani xorta wahda. Inthom hadtu r-riskju. Issa gawdu r-rizultati tar-riskju li hadtu.
Joe Bonnici
Mar 17th 2011, 10:47
Censu mhux wiehed, mhux tnejn imma hamsa, you never called on the government to give him part of your business earnings when you had it so good. So now you just fill your mouth with water and suffer the results of your own greed when you invested in a country which you knew was unstable. In other words, YOU pay for your own greed. Real businessmen know the risks they take and suffer for their own mistakes without going back to mummy crying to save them.
Eric Gahn
Mar 17th 2011, 10:37
So Vince Farrugia and Co are only businessmen when the risk works against him. When the tide turns they expect me, a salaried employee, to pay up for thier losses. Interesting indeed. However I have no doubt this Govt will not be thinking twice to accomodate these vultures.
Joe Micallef
Mar 17th 2011, 10:05
Did I share in their profits? So I WILL NOT SHARE their loses! (Finance minister take note)
Vince Farruggia and GRTU bugger off and grow up.
M Abela
Mar 17th 2011, 09:54
These business men and workers who operated in Libya were all blessed with millions up till the crisis began and I do not think that they ever shared anything with the guy next door.. so why should we pull up our sleeves and make good for them from our taxes?? Would the government do anything if a family-owned business went bankrupt?? I don't think so!!
E Gatt
Mar 17th 2011, 09:54
A strange request by the GRTU.
The GRTU should be promoting free trade with minimum government interference or intervention.
Free trade allows businesses to reap the rewards after assessing the risks..... and dealing with Libya has always been risky business.
R.Gauci
Mar 17th 2011, 09:51
With the same type of reasoning why does the Government or better the tax payers also don't help local businessmen that had to close their shops or business activities in Malta because they found themselves in difficulties because of problems related to health or because someone didn't paid them! I know personally people which had to sell their apartment to make good for the loans they got from the banks, another separated from his wife because of the huge stress in closing his business and another unfortunately committed suicide! Did someone helped them?Business is always a gamble and I don't understand why it should be different in this case! I agree that some arrangements should be made with the banks especially where workers working in Libya lost there jobs and are not able to pay their loans but this only on a personal basis and no public funds should be involved!
After all some of the businesses involved closed their businesses on the Maltese Islands and moved to Libya where they were paying their Taxes and investing money so what did the tax payer gained from this or we are trying to help some friends of friends??!!
Anthony Farrugia
Mar 17th 2011, 09:49
So the GRTU is trying to offload Libya business loans on Government and it follows, on the banks and their shareholders. When Maltese businesess were doing well over the past 42 years dealing with Gaddafi, his family and friends, they pocketed the profits; now that there are dark clouds, they are bleating about loss of profits. Businesses know that high profits mean high risks which should be bourne solely by the businessmen involved and not government, the banks and their shareholders.
saviour deguara
Mar 17th 2011, 09:40
prosit sur farrugia.. mela l-ewwel ghamlu liri kemm felhu u issa iridu il gvern jghinom u jigarantixxi il loans... u ghala lil min investa fil libya biss?? u dawk il hwienet u negozji f' malta li jmorru hazin.. dawk x'jaghmel il gvern jghinom ukoll??.. you cant have the cake and eat it at the same time mr. farrugia.. meta ii privat jinvesti ikun qed jihu riskju, jekk imur tajjeb igawdi hu,imma jekk imur hazin ma jistenniex il gvern jaqilaw mil hofra.. imma probabli il gvern ha jaghmel kif qed tghidlu int ghax dal pajjis nimxu bit 2 wieghts 2 measures.. ara kieku kienet cetta tal grocer li marret hazin kieku qas hadd jiftah halqu biex nghinuha..
A Camilleri
Mar 17th 2011, 09:33
First of all which Govt guarantees is Mr Farrugia referring to? I know of none. The euros 100,000 is a standard regulatory Europewide feature of banking. Secondly the Maltese businessman knew the political risk he was entering into, factored it into his price and high mark-up and made a killing. And made lots of money in the good times. I hope such businessmen did keep some cushion for a rainy day and not squander it in luxury items as some in fact are known o have done.
Farrugia Charles
Mar 17th 2011, 09:33
Those who invest money from their own pockets, are called businessmen. To call someone a businessmen, means that he or she is taking a risk. Those that do not take any risk and will do business with other people money are called "SUCKERS". If the Government will make good for those who invested in Libya and now are facing such a situation, in my opinion he will be abusing of people tax money.
Investing abroad is always a risk, especially in African countries with all respect to all of them.
What had happened in Libya is totally different of what had happened in Japan. Japan was a God's act, as they say.
We cannot continue to shoulder these burdens any more.
Sorry for all those involved.This is life.
M. Fenech
Mar 17th 2011, 09:28
GRTU you are losing credibility everytime you make such a statement. How can we take you seriously when you make such illogical requests. In business everybody takes some sort of a risk and I am sure that those who joined the Libya venture bandwagon knew. If some did not take calculated risks and streched their necks too far out for a vision of more money and power, I hardly see why the taxpayer has to carry their burden. Tajjeb, you make the money and those who are more prudent carry your risks.
acassar
Mar 17th 2011, 09:27
Vince Farrugia inti ghalfejn hallejt il-membri tieghek jinvestu gidhom kollu fil-Libya,popolazzjoni ta ftit aktar minn 5 miljun ruh ? Mela nsejt li ahna dhalna fl-UE fejn hemm 600 miljun ruh ? Hemm ma nvestejtux daqskemm werzaqthu ?
Issa hudu pacenzja, daqqa tigi tajba daqqa le ghax l-Malti jghid min xarbu jieklu l-bakkaljaw !!!
tony fava
Mar 17th 2011, 09:22
MR fARRUGIA. WITH ALL DUE RESPECT CAN THE PEOPLE OF MALTA SUPPORT FINANCIALLY MILLIONAIRES WHO UNFORTUNATELY MAY HAVE LOST THEIR INVESTMENTS. HAD OUR GONZIPN NOT COLD SHOULDERED GADDAFI, MAYBE THEIR INVESTMENTS WOULD BE SAFE. BUT UNFORTUNATELY WHEN GADDAFI RESORTED TO OUR GONZIPN FOR HELP, OUR GONZIPN RUSHED TO MEET BARROSO INSTEAD COMPLETELY FORGETTING THAT A FEW DAYS BEFORE THE TURMOIL HE HAD GONE TO LIBYA AMIDST ALL THE FANFARE AND PROPOGANDA.
Joe Borg
Mar 17th 2011, 09:09
Such guarantees, if offered, are very harmful for the longterm development of a healthy business community.
They would create a large moral hazard problem where political risk would not feature in risk assessments as eventual bankruptcies would be bailed out at a large cost to the collective (the tax payer).
Unfortunately, such events highlight the importance of effective risk assessments to investing businesses, financing banks and more importantly private bondholders; which during booming periods have largely underestimated risk.
Although business failures are painful for all the stakeholders involved, they are part of the economic learning process which eventually may lead to non-repetition of similar mistakes. Bailing out private entrepreneurs will only result in shifting risk from the private to the public sector. There is then the possibility that governments become heavily indebted and experience a sovreign debt crisis as happened in Ireland; one of the causes of which was the unconditional guarantees offered by the government.
sciortino m
Mar 17th 2011, 09:07
Gains are private while losses are public!!!
The work of a genius!!
Peter Bonnici
Mar 17th 2011, 09:06
@ Vince Farrugia. Why not ask the Libyan Government to guarantee the loans?, after all its them these businesses were in bed with up to 2 weeks ago.
gcForte
Mar 17th 2011, 09:05
Ma nafx min fejn tohrog bihom Sur Farrugia. Tidher li qeghed ixxaqqleb wisq lejn in naha tal " business people " li flok ghazlu li jinvestu flushom gewwa pajjizna sabiex issahhu l-ekonomija taghna, hadu il " loans " mil banek taghna ( flusna ) sabiex isiru sinjuri f`pajjiz iehor. Tajba il bicca Sur Farrugia. Nahseb li ikun ahjar ghalik u ghal G.R.T.U. li IDDAMDMU wahda sew lil Gvern ta qalbkhom, ghal qierda tal " businesses " iz zghar u medji, ghax KOLLHA qeghedin f`riskju KBIR ta falliment. Kif tkun il Belt immisek tidhol issaqsi ftit lil tal hwienet, kif inhuma sejrin. Min hemm tista tiehu kampjun ghal Malta u Ghawdex kollha.
F. Agius
Mar 17th 2011, 09:03
Prosit tkellimtu kif inhuma l-fatti Sur Caruana u Sur Cauchi.
Ma niehdux gost bid-deni pero ahna haddiema batuti (ta fuqna senduqna) u taxxa m' ghandniex inhallsuha lil Gvern biex jghamilha ta' Guarantor ghal minn qatt ma haseb ghal umbrella ghal meta jinqala l-maltemp ghax haseb li dejjem sajf kollu sea cruises u cabin cruisers.
J.Sciberras
Mar 17th 2011, 08:54
This is madness.
So if I want to invest in Congo or Zimbabwe, I ignore all aspects of political instability, regimes, etc. go in for the business opportunities, and guess what.... govt. rewards the wreckless and taxes those who try and invest in Malta, compete in Malta and Europe and try to make ends meet.
This deserves a new title "GRTUnomics"
J. Grech
Mar 17th 2011, 08:54
Dear Vince, you cannot get more ridiculous than this. Don't you think that everyone is already neck deep in debts. Everyone has to carry his own weight. Those who invested there, did that after considering all the risks...and profits. I don't think when the time was good, they distributed their gains to others. Now they want to distributed their losses ?? Give us a break will you !
Raymond Farrugia
Mar 17th 2011, 08:52
Nice one Vince Farrugia. You take the profits, we take the risk!
george Azzopardi
Mar 17th 2011, 08:47
Ghaziz Sur Farrugia,
Inthom minn waqafkom milli tkomplu tghamlu il-BUSINESS gewwa il-LIBYA? Jekk il-flus huma aktar importanti, immiskom bqajtu hemm.
Jien meta kont ghaddej sew, imbghad fdaqqa wahda giet il-BALLA tal-kont tad-dawl u l-gholi tal-hajja, kelli niehu pacenzja u inzarma dak li-hdiemt ghalieh. Issa nisugerilkom li tghamlu b'halli u HUDU PACENZZJA, ILKOLL FLIMKIEN NASSLU.
Kenneth Cassar
Mar 17th 2011, 08:40
No risk = no great profits.
Huge risks = huge profits.
No one should be made to pay for other people's risks, unless the profits are shared.
A.Busuttil
Mar 17th 2011, 08:40
Is the Gov. going to garantee our loans here?
Hallina........
F. Abela
Mar 17th 2011, 08:37
When local businessmen decided to invest in Libya they did it of their own accord no doubt well knowing the risk involved. I do not agree that government (read Maltese taxpayers) should guarantee Libya business loans. If the local banks wish to do that, it is up to them. I am more concerned that the Maltese who worked in Libya will be able to find alternative employment and that is where government may come into the picture.
P Borg
Mar 17th 2011, 08:34
Dak jonqos issa sur GRTU li il-haddiema Maltin jiggarantixxu l-bank loans tal-miljunarji li ilhom jisolhu kemm jifilhu mil-Libya!!! Kullhadd jaf li kull min kien il-Libya ghamel lira tajba u fi zminijiet tajbin dawn ma gewx jaqsmuha maghna!!!
charlie cauchi
Mar 17th 2011, 08:32
mhux hekk naghmlu sur farrugia, meta kienu jaghmlu il miljuni fi qliegh min kien immur tajjeb? issa ghax giethom wahda hazina tridu lil gvern jaghmel tajjeb? halluna kwieti, issa jekk ghandkom problema solvuha bil kwiet u jekk ma jirnexxilomx jinvestu ximkien iehor. daqshekk hu bsahhtu il kapitalist? basta irridu immexxu l ekonomija huma umbad mal ewwel mewga idduru fuq it taxxi tal poplu.
Frans Attard
Mar 17th 2011, 08:44
Naqbel mieghek perfettament Sur Cauchi, pero l-gvern mhux ser jghati widen ghal dak li nahsbu jien u int ghax dawk it-tip ta' nies huma stmati izjed, ghal raguniliet obvji
George Debono
Mar 17th 2011, 09:24
Mr Cauci and Mr Caruana, do not show how utterly puerile you are. Maltese businesses in Libya emplyed a lot of Maltese people. These will now have to have their employment terminated unless their companies are allowed to continue. GRTU has asked for bank guarantees, not money. The alternative would be a massive loss of jobs, because companies in malta exported 85 million annually to libya. imagine the anufacturing jobs lost! jaqaw intom it tnejn komdi fuq il putruna? Xi impjegati tal gvern bil paga diehla jigri x jigri? jew xi pensjonant m ghandekx x taghmel ? I have relatives in companies that used to export to libya who are going to be let go.
victor caruana
Mar 17th 2011, 08:27
Those who have business in Libya has mercedeses, bmws, yacths, villas in malta and abroad, racing horses etc. They made hay when the sun shone and I did not see any tangibles gained directly by the people.
So the GRTU wants to people to carry the risk.
It seems we are for competition only when it suit us.
marvin spagnol
Mar 17th 2011, 08:52
siehbi, jien la ghandi bmw, la andi villa, la andi la ziemel u lanqas debba. Tista tajdli min fejn gibta din it teorija? Jek skont inti kienu jamlu l miljuni , mela ax ma amiltx bhalhom? L idea li andkom fuq l maltin b' interessi gewwa l libja hija totalment bla bazi u bla sens assolut.
Please choose the reason of your report below: