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Analysis: Central Bank intervened much too late at ENNIA

WILLEMSTAD — The management of ENNIA has mismanaged the insurance company and might even have committed criminal acts, econometrists Servaas Houben and Ronald Ketellapper state in an analysis published by Dick Drayer on LinkedIn. Houben works in the insurance industry in Belgium and Ketellapper is a former manager of Guardian Group Fatum in Curacao, More...

by The Publisher | Published 2 weeks ago
By The Publisher On Sunday, September 17th, 2023
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Saleh’s function as Minister of State under pressure

WILLEMSTAD — Almost twenty years after he became Minister of State for the Netherlands Antilles, Jaime Saleh is under threat to lose this honorary title. Prime-Minister Gilmar Pisas gave the 82-year old former More...

By The Publisher On Thursday, September 14th, 2023
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Appeals court holds Ansary liable for Ennia debacle

WILLEMSTAD — The Common Court of Justice ruled on Tuesday that insurance company Ennia is entitled to at least 153.8 million guilders ($85.9 million) in damages, caused by its major shareholder Hushang Ansary More...

By The Publisher On Monday, September 11th, 2023
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Dutch loan to rescue ENNIA meets with criticism

PHILIPSBURG — If the Dutch parliament agrees, insurance company ENNIA will be saved with a 600 million euro loan from the Netherlands. But not everybody is happy with this solution. The deal is that St. Maarten More...

By The Publisher On Monday, September 4th, 2023
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MP Peterson destroys MP Brison’s allegations against him

PHILIPSBURG — Party for Progress (PFP)-MP Raeyhon Peterson is not amused by the attack on his integrity by UP-leader MP Rolando Brison and by Brison’s suggestion that the overdevelopment of Mullet Bay is More...

By The Publisher On Sunday, March 19th, 2023
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Pension cuts loom if Ansary does not pay, CBCS-director Jardim says

WILLEMSTAD — The pensions that are insured by ENNIA are at risk. José Jardim, the financial-economic director of the Central Bank of Curacao and St. Maarten (CBCS) said on the last day of Hushang Ansary’s More...

By The Publisher On Friday, March 3rd, 2023
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Tricky business

By Hilbert Haar People in Curacao were surprised by the offer of Hushang Ansary’s attorney to abide by a ruling from the Court in First Instance from November 2021. I was not surprised. I was stunned, because More...

By The Publisher On Friday, March 3rd, 2023
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Ansary announces he is ready to abide by billion-dollar court ruling

WILLEMSTAD — Parman international BV and its majority shareholder Hushang Ansary want to put a stop to the lawsuit brought against them by the Central Bank of Curacao and St. Maarten. In a letter addressed More...

By The Publisher On Sunday, January 22nd, 2023
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Nina Ansary files lawsuit against Central Bank

PHILIPSBURG — Nina Ansary, the 56-year old daughter of Hushang Ansary has filed a complaint at the US District Court for the District of Columbia in an effort to protect her multi-million 15.9 percent stake More...

By The Publisher On Wednesday, November 10th, 2021
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Sarah Insists on Answers from Minister Doran Regarding Mullet Bay

~ Also Inquires Regarding the Mullet Bay Inquiry  to “Give Mullet Bay Back to the People” ~ Philipsburg –  With the Mullet Bay beach very much in the news lately, MP Sarah Wescot-Williams is attempting More...