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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...

by The Publisher | Published 12 months ago
By The Publisher On Monday, November 6th, 2023
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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...

By The Publisher On Tuesday, October 24th, 2023
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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...

By The Publisher On Sunday, October 22nd, 2023
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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...

By The Publisher On Thursday, October 19th, 2023
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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...

By The Publisher On Wednesday, October 18th, 2023
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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...

By The Publisher On Tuesday, October 17th, 2023
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 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...

By The Publisher On Wednesday, October 11th, 2023
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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...

By The Publisher On Saturday, October 7th, 2023
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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...

By The Publisher On Friday, September 29th, 2023
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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...