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Lawsuits raise panic among ENSEJ loan beneficiaries

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Lawsuits raise panic among ENSEJ loan beneficiaries
Echorouk

Thousands of people who benefited from ENSEJ loans are panicked and fearful as courts asked them to pay due money as deadlines are expired. Many of them found themselves between two choices: either to pay the money or go to jail.

According to lawyer Hassan Ibrahimi, those loans are not “political” but commercial as loans are offered by banks which can file a lawsuit if due money is not paid. 

“Banks sue people to pay the due money and interests via a bailiff. Equipment is seized and the Insurance Fund of Project loans pay the money. In this case, people become in debt to the State,” he said.

“About 95 percent of people sold their equipment in the black market or chose the wrong project. They have not been serious in paying since the beginning,” he added.

 

 

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