Issue link: https://maltatoday.uberflip.com/i/370348
Newspaper post WWW.MALTATODAY.COM.MT WEDNESDAY EDITION WEDNESDAY • 27 AUGUST 2014 • ISSUE 379 • PUBLISHED EVERY WEDNESDAY AND SUNDAY €0.90 Editorial - PAGE 9 JURGEN BALZAN THE divisions in Libya this week reached new heights as the North African country now has two par- liaments, two governments and two prime ministers. In comments to MaltaToday, for- eign minister George Vella said that Malta recognises the government led by Abdullah al-Thinni, however he warned that the situation was volatile and called for a cautious ap- proach. Echoing the statement issued by the EU on Monday, Vella in- sisted that Malta recognises the democratic legitimacy of the re- cently elected House of Representa- tives and pinned his hopes on the planned discussions at the United Nations Security Council in the coming days. Hinting at possible conclusions to be reached in New York, Vella said "we'll have to wait and see whether the UN imposes any sanctions," add- ing that "it is easier for the conf lict to recede by giving Libyans the op- portunity to settle their differences without any external intervention". Vella said that economic sanctions could have an effect but a ceasefire and long-lasting peaceful solution to the violence in the North African country could only be achieved by bringing all parties together. While recognising the complex situation, the minister said "warring militias need to be brought together. Peace can only be achieved around a table and it's not in anybody's inter- est for the fighting to continue." Libya could be hit by UN sanctions Over €1.3 million believed lost in financial black hole DANIEL MIZZI 14 disgruntled investors have filed a judicial protest against financial services company Maltese Cross Financial Services Ltd, claiming that the latter's "negligence, ille- gal actions, and financial advice" caused them to lose their invest- ments. On 22 August, the Malta Finan- cial Services Authority (MFSA) announced that it was carrying out investigations over the "mate- rial shortfall … arisen from the possible misuse and manipulation of such assets." Moreover, the MF- SA explained that the police have been informed of its findings. Apart from the MFSA's and po- lice's investigation, Maltese Cross Financial Services Ltd, and its directors – Jean Claude Bugeja, Robert Cutajar and Stephen Spi- teri – have a judicial protest to answer to. CONTINUES ON PAGE 5 CONTINUES ON PAGE 2 CONTINUES ON PAGE 3 Police say 'health clinic referred MEPA protestor to psychiatric unit' MIRIAM DALLI MEPA protestor Ignatius Busuttil was referred to a psychiatric unit by the Floriana Health Centre, accord- ing to Acting Police Commissioner Ray Zammit. Questioned by MaltaToday, the Po- lice said Busuttil, 59, claimed to be under psychiatric care while being questioned by the police and he was thus referred to the Floriana Health Centre. "On being questioned the man claimed to be under psychiatric care and thus he was referred to Floriana Health Centre", which referred him to the Mater Dei Psychiatric Unit, Zammit said.