The head of the investment portfolio owners movement, Jamal bin Saeed, called on the financial authorities in the country to resolve the owners’ crisis and resume payment of their dues that have been suspended for more than 10 years.
This came during a protest organized by the owners of investment portfolios on Sunday in Tripoli, in which they demanded the payment of dues and intervention to address the crisis.
For his part, Minister of Civil Service Ali Al-Abed called on Minister of Finance Khaled Al-Mabrouk to release the salaries of owners of investment portfolios suspended due to duplication.
Al-Abed attributed the reason for his demand to the implementation of the policy of the National Unity Government, despite the absence of any legislation that considers investment portfolios an official function in the state, according to Al-Ahrar sources.
According to statistics, the number of investment portfolios exceeded 268 thousand portfolios, owned mainly by retirees, who number more than 72 thousand, in addition to 105 thousand families without income, in addition to orphans, divorcees, and societal groups in difficult circumstances.
The idea of the investment portfolio is also based on granting beneficiaries shares worth up to 50,000 dinars in a number of factories and facilities owned by the Economic Development Fund. Before 2013, investments earned the beneficiaries monthly profits of up to 200 Libyan dinars.
Source: Libya Al-Ahrar