Search Results for: ennia
ENNIA needs millions to prevent cuts in pension payments
WILLEMSTAD — Insurance Company ENNIA is on the brink of bankruptcy, a situation that would directly affect more than 25,000 people in Curacao. To become solvent again ENNIA needs 650 million guilders (slightly More...
Pro Soualiga Protests Dutch Interference in Ennia Affair
During a recent press conference, State Secretary Van Huffelen stated that the Government of St. Maarten had to “come up with a solution to the problems at the pension insurer Ennia.” She also indicated More...
Former director Palm has to repay millions to ENNIA
WILLEMSTAD — Former Ennia Holding and Ennia Investments director Ralph Palm and his company Palm Management Services have to repay the insurance company close to 4 million guilders, the Court in First Instance More...
Former director Andraous joins the fight against ENNIA
PHILIPSBURG — Former ENNIA-director Abdallah Andraous has followed Nina Ansary’s example in an attempt to get away from paying 237.2 million guilders ($132.5 million) in damages to his former employer. Attorney More...
Accountants punished for sloppy work at ENNIA
PHILIPSBURG -- The Accountants Chamber in Zwolle has kicked two accountants who approved several annual accounts of insurance company ENNIA on dubious grounds for 6 and 4 month respectively out of the registry. More...
Ansary and Co sentenced to repay more than one billion guilders to ENNIA
PHILIPBURG -- Majority shareholder Hushang Ansary has to repay insurance company ENNIA more than one billion guilders (close to $563 million) to compensate for a string of financial irregularities that negatively More...
Ansary’s attorneys: No evidence of solvency deficit at ENNIA
WILLEMSTAD — “The plaintiffs present circumstances that are incorrect, in violation of the law or otherwise simply made up,” attorneys Karan Doekhi and Mirto Murray said on the second day of the lawsuit 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...
The ENNIA-saga and the crucial role of Mullet Bay
PHILIPSBURG – When Hurricane Luis hit St. Maarten in 1995 its flagship resort Mullet Bay was destroyed. Owner Sun Resorts and its controlling shareholder Hushang Ansary did not do anything with the property in More...
