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 and others. The case will be back in court on October 24, after parties have agreed on the appointment of an appraiser who will have to 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...
The ENNIA-saga: How Ansary fought the Central Bank every step of the way
PHILIPSBURG – After ignoring instructions from the Central Bank of Curacao and St. Maarten for years, the court in Curacao placed insurance company ENNIA under the rules of the emergency measure in July 2018. More...
Former Minister Gibson among recipients of excessive payments from ENNIA
PHILIPSBURG – The petition attorneys Karina Keizer and Sabine Altena submitted to the court in Curacao on behalf of insurance company ENNIA alleges that three St. Maarteners benefited excessively from questionable More...
