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...

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...

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...

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...

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...

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...

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...

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...

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...

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...