fbpx

Curacao’s position on Ennia could cost St. Maarten a lot of money

THE HAGUE — If Curacao continues to object to the rescue plan for Ennia’s pension fund it could have dire consequences for St. Maarten, DossierKoninkrijksrelaties.nl reports. If Curacao does not cooperate, St. Maarten will be confronted with a higher interest rate for the 1.1 billion guilder liquidity loans it received during the COVIF-19 pandemic: More...

by The Publisher | Published 11 months ago
By The Publisher On Thursday, September 14th, 2023
0 Comments

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 Thursday, September 14th, 2023
0 Comments

Pro Soualiga: Dutch State Offside on Three Fronts with Ennia Ordeal

Dear Editor, In June of 2023, State Secretary Van Huffelen stated that the Governments of Curacao and St. Maarten would have to find solutions to salvage Ennia. Shortly thereafter, Pro Soualiga kindly requested More...

By The Publisher On Tuesday, September 12th, 2023
0 Comments

CFT warns that ENNIA-loan poses risk for Curacao

PHILIPSBURG — If the Netherlands decides to extend a 1.2 billion guilders loan to St. Maarten and Curacao to save insurance company ENNIA, it will have dire consequences for the future of in particular Curacao. More...

By The Publisher On Monday, September 11th, 2023
0 Comments

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 Saturday, September 9th, 2023
0 Comments

Lacking new Code of Criminal Procedures is worrisome, Chief Prosecutor Buist says

PHILIPSBURG — It is worrisome that after five years there still is no new Code of Criminal Procedure, Chief Prosecutor Hieke Buist said during the installation of Judge Gerben Drenth. She also addressed domestic More...

By The Publisher On Saturday, September 9th, 2023
0 Comments

Attorney pleads for using English language in the courtroom

PHILIPSBURG — Using the English language more prominently in the courtroom will promote equitable access to justice, attorney Caroline van Hees, the Dean of the Bar Association, pointed out in a speech during More...

By The Publisher On Saturday, September 9th, 2023
0 Comments

Judge De Kort urges St. Maarten to update legislation

PHILIPSBURG — Judge Mauritsz de Kort has urged St. Maarten to update its legislation during the installation of St. Maarten’s new judge Gerben Drenth. De Kort mentioned in particular the Bailiff’s Ordinance, More...

By The Publisher On Friday, September 8th, 2023
0 Comments

Minister Doran gave land in long lease to his brother and to the mother of his children

PHILIPSBURG -- Cadastre documents show that Minister of Public Housing, Urban Planning, Environment and Infrastructure (VROMI) Egbert Doran granted rights of long lease for two parcels of land to his brother Eldrid More...

By The Publisher On Monday, September 4th, 2023
0 Comments

GEBE has to reinstate Sharine Daniel as Head Internal Auditor, court rules

PHILIPSBURG — Utilities company GEBE has to admit Sharine Daniel to her work as Head Internal Auditor before September 6, the Court in First Instance ruled on Wednesday, August 30. The company had gone to More...