Investigative journalism consortium dives into the ENNIA-saga
PHILIPSBURG — The International Consortium of Investigative Journalists (ICIJ) has published an article about the dispute between ENNIA’s majority shareholder Hushang Ansary and the Central Bank of Curacao and St. Maarten under the title: A US billionaire took over a tropical island pension fund – then hundreds of millions of dollars More...
Appeals court blocks Ennia’s attempt to get a judgment from the Supreme Court
WILLEMSTAD — The Common Court of Justice has denied Ennia’s request to have the Supreme Court render judgment on the court’s interim ruling in the dispute between the insurance company and its majority More...
Ennia wants to take the Ansary-dispute to the Supreme Court
WILLEMSTAD — Ennia and its supervisor CBCS want a ruling from the Supreme Court in The Hague about the dispute with Ennia’s majority shareholder Hushang Ansary and others, the Antilliaans Dagblad reports. In More...
Mullet Bay sale intended to cover Sun Resorts-debts
PHILIPSBURG — The intention to sell a small part of Mullet Bay aims to cover “huge debts” at its formal owner Sun Resorts, Minister of Finance Ardwell Irion said at Wednesday’s press briefing. Irion More...
PAR wants to force Ennia-prosecution with Article-15 procedure
WILLEMSTAD — Opposition party Partido Alternativa Real (PAR) wants to start an Article-15 procedure to force the Prosecutor’s Office to prosecute those who are responsible for the damages inflicted on insurance More...
Small part of Mullet Bay up for sale
PHILIPSBURG -- The Central Bank of Curacao and St. Maarten (CBCS) has put up 11,000 square meters of Mullet Bay for sale. This appears from an ad published in the Antilliaans Dagblad on October 16. The parcel More...
What’s in a name: NHI or SAHA; the pros and cons
Dear Editor, There’s much concerns within the community regarding the government proposed National Health Insurance (NHI), new name, Sustainable Affordable Health Care Act (SAHA). What is baffling is that More...
Central Bank to discuss details of Ennia-solution
PHILIPSBURG — The solution Curacao’s Prime Minister Gilmar Pisas has presented for embattled insurance company Ennia is not an entirely done deal yet, it appears from a press release issued by the Central More...
Curacao refuses loan and Ennia Leven will cease to exist
PHILIPSBURG — The Dutch loan of €600 million (1.2 billion guilders or $636 million) to Curacao and St. Maarten to save the life insurance branch of insurance company ENNIA is off the table. Curacao’s More...
Ansary’s wife Shahla bought $14 million penthouse in Palm Beach
PHILIPSBURG — While Ennia’s major shareholder Hushang Ansary is entangled in lawsuits that could force him to repay millions of dollars to the insurance company, his wife Shahla does not seem to be short More...
