Published On: Mon, Sep 9th, 2019

Minister Johnson spinned the Vidanova airport-funding story

Minister of Aviation Stuart Johnson - 13 Mar 2019

PHILIPSBURG – Financing a US pre-clearance facility at the airport is not part of a refinancing proposal by Curacao-based pension fund Vidanova, as Minister Stuart Johnson (Tourism and Economic Affairs) claimed in an announcement published on September 6 in The Daily Herald. Johnson’s claim that the airport is “nearing full default towards its bondholders” is also at odds with the truth, as is his optimistic statement that “shovels could be in the ground signaling the start of reconstruction by November 11.”

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