{"id":766386,"date":"2025-10-18T10:28:07","date_gmt":"2025-10-18T08:28:07","guid":{"rendered":"https:\/\/www.hashtag.al\/?p=766386"},"modified":"2025-10-18T10:39:12","modified_gmt":"2025-10-18T08:39:12","slug":"analiza-intel-skema-e-pacollit-ne-luksemburg-dhe-zvicer-per-te-rrembyer-aeroportin-e-vlores","status":"publish","type":"post","link":"https:\/\/www.hashtag.al\/index.php\/2025\/10\/18\/analiza-intel-skema-e-pacollit-ne-luksemburg-dhe-zvicer-per-te-rrembyer-aeroportin-e-vlores\/","title":{"rendered":"ANALIZA INTEL –\u00a0 Skema e Pacollit n\u00eb Luksemburg dhe Zvic\u00ebr p\u00ebr t\u00eb rr\u00ebmbyer aeroportin e Vlor\u00ebs","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"

\"\"<\/a><\/span><\/p>\n

Nj\u00eb analiz\u00eb e inteligjenc\u00ebs financiaro-koorporative e p\u00ebrkthyer nga Hashtag.al<\/em> <\/strong>zbulon p\u00ebr her\u00eb t\u00eb par\u00eb lev\u00ebn q\u00eb vuri n\u00eb l\u00ebvizje institucionet shqiptare kundrejt Behgjet Pacollit.<\/span><\/p>\n

P\u00ebr nj\u00eb lexues q\u00eb nuk \u00ebsht\u00eb njohur me \u00e7\u00ebshtjen vlen t\u00eb theksohet se Pacolli hyri si investitor n\u00eb aeroportin e Vlor\u00ebs bashk\u00eb me biznesmenin Imer Ademi, emri i Pacollit u sugjerua nga Belinda Balluku te kryeministri Edi Rama. \u00a0Ky i fundit, me kompetenc\u00ebn e rrall\u00eb q\u00eb e karakterizon, e trajtoi si investim kozmetik aeroportin dhe deri pak muaj m\u00eb par\u00eb ishte i shqet\u00ebsuar a do ishte gati aeroporti i Vlor\u00ebs p\u00ebr t\u00eb b\u00ebr\u00eb spektak\u00ebl para zgjedhjeve.<\/span><\/p>\n

Nd\u00ebrsa n\u00eb TV shfaqej spektakli elektoral, Behgjet Pacolli b\u00ebnte gati n\u00eb Zvic\u00ebr dhe Luksemburg kompanit\u00eb dhe skem\u00ebn tregtare q\u00eb p\u00ebrgatiste rr\u00ebmbimin e asetit.<\/span><\/p>\n

Pas fitores s\u00eb zgjedhjeve dhe mandatit t\u00eb IV t\u00eb Edi Ram\u00ebs, nd\u00ebrsa t\u00eb gjith\u00eb ishin gjith\u00eb sy e vesh\u00eb se kush do ishin ministrat e rinj, ose m\u00eb sakt\u00eb ishin sy e vesh\u00eb a i kishte ardhur radha Belinda Ballukut t\u00eb l\u00ebvizte nga aty ku \u00ebsht\u00eb, n\u00eb zyr\u00ebn e Edi Ram\u00ebs mbiu Behgjet Pacolli dhe i plasi bomb\u00ebn. Ai i b\u00ebri t\u00eb ditur n\u00eb zyr\u00eb Ram\u00ebs se administrator i kompanis\u00eb s\u00eb tij Valon Lluka me Belinda Ballukun ishin dy hajdut\u00eb q\u00eb kishin b\u00ebr\u00eb manovra pas shpin\u00ebs s\u00eb Pacollit, e me k\u00ebt\u00eb rast, Pacolli kishte vendosur t\u00eb grabiste aksionet e dy hajdut\u00ebve.<\/span><\/p>\n

Pacolli ja paraqiti situat\u00ebn Ram\u00ebs me nj\u00eb gjuh\u00eb dhe arsyetim vulgar sikur ishin grabitur disa qese me patate, e me k\u00ebt\u00eb rast, pastaj Pacolli i revoltuar i kishte futur t\u00eb gjitha patatet ne thesin e vet.<\/span><\/p>\n

Ky ishte momenti kur Edi Rama u alarmua , k\u00ebrkoi ndihm\u00eb dhe b\u00ebri njoftimet p\u00ebrkat\u00ebse.<\/span><\/p>\n

N\u00eb fakt Pacoli p\u00ebrtej arsyetimit vulgar q\u00eb b\u00ebri n\u00eb Tiran\u00eb, rezulton se n\u00eb Zvic\u00ebr dhe Luksemburg ka p\u00ebrgatitur terrenin n\u00eb m\u00ebnyr\u00eb tep\u00ebr t\u00eb sofistikuar p\u00ebr t\u00eb b\u00ebr\u00eb kalimin e aksioneve t\u00eb grabitura t\u00eb aeroportit n\u00eb nj\u00eb modul koorporativ q\u00eb e neutralizon p\u00ebrfundimisht \u00e7do mund\u00ebsi t\u00eb shtetit shqiptar p\u00ebr t\u00eb marr\u00eb pas aksionet, n\u00ebse nuk veprohej n\u00eb koh\u00eb.<\/span><\/p>\n

Skema e holl\u00eb e gjetjes s\u00eb kompanive jasht\u00eb vendit, tejkalon vizionin si spekulant t\u00eb Pacollit dhe thesit t\u00eb tij me patate, pas k\u00ebsaj skeme \u00ebsht\u00eb me siguri nj\u00eb pal\u00eb tjet\u00ebr q\u00eb njeh mir\u00eb shtigjet financiaro-koorporative.<\/span><\/p>\n

Skema e Pacollit n\u00eb Zvic\u00ebr dhe Luksemburg nuk \u00ebsht\u00eb analizuar dhe as \u00ebsht\u00eb njoftuar dot nga institucione t\u00eb Intelit shqiptar apo t\u00eb jurisprudenc\u00ebs tregtare shqiptare, autoritetet e Shqip\u00ebris\u00eb jan\u00eb tundur dhe orientuar nga vendet partnere.<\/span><\/p>\n

M\u00eb posht\u00eb botohet e p\u00ebrkthyer e plot\u00eb analiza financiaro-koorporative q\u00eb vuri n\u00eb l\u00ebvizje autoritetet n\u00eb Tiran\u00eb:<\/em><\/strong><\/span><\/p>\n

Posedimi pa kompromis i aksioneve dhe kalimi i tyre n\u00eb nj\u00eb modul ku p\u00ebrfshihen kompanit\u00eb e huaja \u201cCompartment Bernina\u201d dhe \u201cDelpho Securities\u201d paraqitet alarmante. <\/em><\/span><\/p>\n

N\u00ebse \u201cCompartment Bernina\u201d nuk bllokohet p\u00ebrpara mbylljes, procesi i likuidimit t\u00eb tij p\u00ebrb\u00ebn faz\u00ebn m\u00eb t\u00eb rrezikshme dhe t\u00eb pakthyeshme juridikisht p\u00ebr t\u00eb gjitha pal\u00ebt shqiptare t\u00eb p\u00ebrfshira n\u00eb projektin e Aeroportit t\u00eb Vlor\u00ebs, sepse n\u00eb baz\u00eb t\u00eb Ligjit t\u00eb Luksemburgut t\u00eb dat\u00ebs 22 Mars 2004 \u201cSur la titrisation\u201d (Ligji p\u00ebr Titullizimin), ve\u00e7an\u00ebrisht nenet 61, 62 dhe 64, \u00e7do \u201ccompartment\u201d i nj\u00eb shoq\u00ebrie titullizimi (\u201csoci\u00e9t\u00e9 de titrisation\u201d) konsiderohet nj\u00ebsi ligjore e izoluar (\u201cring-fenced compartment\u201d), e cila mban pasuri dhe detyrime t\u00eb ndara nga pjesa tjet\u00ebr e shoq\u00ebris\u00eb m\u00ebm\u00eb. N\u00eb momentin q\u00eb kompartmenti shpallet i mbyllur (\u201cliquidated\u201d), ai zhduket ligj\u00ebrisht nga regjistri tregtar i Luksemburgut dhe asnj\u00eb subjekt nuk ka m\u00eb kapacitet juridik p\u00ebr t\u00eb p\u00ebrfaq\u00ebsuar apo p\u00ebr t\u2019u paditur n\u00eb em\u00ebr t\u00eb tij.
\nSipas nenit 61 t\u00eb Ligjit t\u00eb Titullizimit, \u201cT\u00eb gjitha pasurit\u00eb dhe t\u00eb drejtat q\u00eb i p\u00ebrkasin nj\u00eb kompartmenti i takojn\u00eb ekskluzivisht mbajt\u00ebsve t\u00eb titujve t\u00eb atij kompartmenti dhe nuk mund t\u00eb k\u00ebrkohen nga ndonj\u00eb kreditor tjet\u00ebr i shoq\u00ebris\u00eb.\u201d N\u00eb p\u00ebrputhje me k\u00ebt\u00eb nen, n\u00eb momentin e mbylljes, t\u00eb gjitha pengjet, t\u00eb ardhurat dhe t\u00eb drejtat q\u00eb Delphos ka marr\u00eb p\u00ebrmes k\u00ebsaj kontrate mbi projektin e Aeroportit t\u00eb Vlor\u00ebs \u2013 p\u00ebrfshir\u00eb kuotat, llogarit\u00eb bankare dhe t\u00eb ardhurat koncesionare \u2013 kalojn\u00eb automatikisht te investitor\u00ebt privat\u00eb q\u00eb kan\u00eb financuar \u201cCompartment Bernina\u201d, t\u00eb cil\u00ebt b\u00ebhen p\u00ebrfituesit p\u00ebrfundimtar\u00eb t\u00eb aseteve.
\nNd\u00ebrkoh\u00eb, neni 62 i po k\u00ebtij ligji p\u00ebrcakton se kreditor\u00ebt e jasht\u00ebm nuk kan\u00eb asnj\u00eb t\u00eb drejt\u00eb mbi pasurit\u00eb e kompartmentit, duke i b\u00ebr\u00eb ato t\u00eb paprekshme nga \u00e7do k\u00ebrkes\u00eb apo padi jasht\u00eb rrethit t\u00eb investitor\u00ebve.
\nN\u00eb t\u00eb nj\u00ebjt\u00ebn koh\u00eb, klauzolat kontraktore \u201climited recourse\u201d dhe \u201cno-petition\u201d, t\u00eb cilat jan\u00eb pjes\u00eb integrale e marr\u00ebveshjeve t\u00eb titullizimit dhe referohen n\u00eb seksionet standarde t\u00eb marr\u00ebveshjes \u201cDelphos\u2013Mabco\u201d, i heqin pal\u00ebve t\u00eb tjera (p\u00ebrfshir\u00eb VIA-n dhe aksionar\u00ebt e saj) \u00e7do t\u00eb drejt\u00eb p\u00ebr t\u00eb k\u00ebrkuar falimentim, kompensim ose ndjekje gjyq\u00ebsore ndaj shoq\u00ebris\u00eb m\u00ebm\u00eb \u201cDelphos Securities S.A.R.L.\u201d p\u00ebrtej aseteve t\u00eb vet\u00eb kompartmentit. Kjo do t\u00eb thot\u00eb se p\u00ebrmes kombinimit t\u00eb k\u00ebtyre dispozitave, n\u00eb momentin e likuidimit:
\n\u2022 Delphos nuk mban m\u00eb asnj\u00eb p\u00ebrgjegj\u00ebsi ligjore ose financiare p\u00ebr detyrimet q\u00eb burojn\u00eb nga kontrata;
\n\u2022 \u201cCompartment Bernina\u201d nuk ekziston m\u00eb si person juridik;
\n\u2022 asnj\u00eb gjykat\u00eb shqiptare nuk ka juridiksion mbi asnj\u00eb pjes\u00eb t\u00eb pasuris\u00eb s\u00eb sekuritizuar, sepse e drejta e zbatueshme \u00ebsht\u00eb ligji i Luksemburgut dhe juridiksioni kompetent \u00ebsht\u00eb ai i Luksemburgut ose i Londr\u00ebs (si\u00e7 p\u00ebrcaktohet n\u00eb nenet p\u00ebrfundimtare t\u00eb kontrat\u00ebs).<\/em><\/span><\/p>\n

Si pasoj\u00eb, VIA SH.P.K., 2A Group SH.P.K. dhe Shteti Shqiptar humbasin automatikisht \u00e7do t\u00eb drejt\u00eb p\u00ebr t\u00eb ushtruar k\u00ebrkes\u00eb, padi, pretendim apo kompensim ndaj Delphos-it, ndaj kompartmentit apo ndaj investitor\u00ebve q\u00eb kan\u00eb p\u00ebrfituar nga mbyllja.<\/em><\/span>
\nN\u00eb terma juridik\u00eb nd\u00ebrkomb\u00ebtar\u00eb, kjo situat\u00eb p\u00ebrb\u00ebn shuarje \u201cex lege\u201d t\u00eb \u00e7do mjeti juridik, p\u00ebr shkak t\u00eb kombinimit t\u00eb (i) mbylljes ligjore t\u00eb subjektit (likuidimi), (ii) transferimit t\u00eb aseteve sipas nenit 61 t\u00eb Ligjit p\u00ebr Titullizimin, dhe (iii) heqjes dor\u00eb t\u00eb paracaktuar nga \u00e7do mjet gjyq\u00ebsor n\u00ebp\u00ebrmjet klauzolave \u201cno-petition\u201d dhe \u201climited recourse\u201d.<\/em><\/span>
\nPraktikisht, kjo do t\u00eb thot\u00eb se, pas mbylljes s\u00eb \u201cCompartment Bernina\u201d, kontrolli ekonomik mbi t\u00eb ardhurat, llogarit\u00eb dhe t\u00eb drejtat e Aeroportit t\u00eb Vlor\u00ebs kalon n\u00eb m\u00ebnyr\u00eb t\u00eb pakthyeshme dhe t\u00eb legalizuar te investitor\u00eb privat\u00eb anonim\u00eb jasht\u00eb juridiksionit shqiptar, nd\u00ebrsa Shteti Shqiptar nuk ka m\u00eb asnj\u00eb instrument ligjor p\u00ebr t\u00eb k\u00ebrkuar kthimin e pasurive publike q\u00eb i p\u00ebrkisnin k\u00ebtij projekti.<\/em><\/span>
\nKy \u00ebsht\u00eb nj\u00eb precedent i rreziksh\u00ebm, sepse p\u00ebrmes nj\u00eb marr\u00ebveshjeje t\u00eb till\u00eb, humbet jo vet\u00ebm kontrolli ekonomik dhe administrativ mbi projektin, por edhe vet\u00eb sovraniteti juridik i shtetit mbi nj\u00eb pasuri publike strategjike, pasi kontrata dhe asetet q\u00eb burojn\u00eb prej saj dalin p\u00ebrfundimisht jasht\u00eb juridiksionit shqiptar dhe sistemit ligjor t\u00eb tij. \/ Hashtag.al<\/strong><\/em><\/span><\/p>\n

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Nj\u00eb analiz\u00eb e inteligjenc\u00ebs financiaro-koorporative e p\u00ebrkthyer nga Hashtag.al zbulon p\u00ebr her\u00eb t\u00eb par\u00eb lev\u00ebn q\u00eb vuri n\u00eb l\u00ebvizje institucionet shqiptare kundrejt Behgjet Pacollit. P\u00ebr nj\u00eb lexues q\u00eb nuk \u00ebsht\u00eb njohur me \u00e7\u00ebshtjen vlen t\u00eb theksohet se Pacolli hyri si investitor n\u00eb aeroportin e Vlor\u00ebs bashk\u00eb me biznesmenin Imer Ademi, emri i Pacollit u sugjerua […]<\/p>\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"author":4,"featured_media":766389,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22,11],"tags":[],"class_list":["post-766386","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ballina","category-super-click"],"gt_translate_keys":[{"key":"link","format":"url"}],"_links":{"self":[{"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/posts\/766386","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/comments?post=766386"}],"version-history":[{"count":3,"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/posts\/766386\/revisions"}],"predecessor-version":[{"id":766396,"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/posts\/766386\/revisions\/766396"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/media\/766389"}],"wp:attachment":[{"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/media?parent=766386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/categories?post=766386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/tags?post=766386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}