Search Results for: mullet bay
Investigative journalism consortium dives into the ENNIA-saga
PHILIPSBURG — The International Consortium of Investigative Journalists (ICIJ) has published an article about the dispute between ENNIA’s majority shareholder Hushang Ansary and the Central Bank of Curacao More...
Appeals court blocks Ennia’s attempt to get a judgment from the Supreme Court
WILLEMSTAD — The Common Court of Justice has denied Ennia’s request to have the Supreme Court render judgment on the court’s interim ruling in the dispute between the insurance company and its majority More...
United People’s Party Board denounces deceptive rhetoric for personal gain
Sint Maarten – The Board of the United People’s (UP) Party strongly condemns the malicious rhetoric and disingenuous statements peddled by individuals willing to deceive the people of Sint Maarten More...
NO MORE PARTY LOANS
Minister of Finance Irion, in collaboration with the Central Bank of Curacao and St. Maarten (CBCS), has announced the issuance of a bond (loan) of $33.8 million dollars which he contends “will lay the foundation More...
Ennia wants to take the Ansary-dispute to the Supreme Court
WILLEMSTAD — Ennia and its supervisor CBCS want a ruling from the Supreme Court in The Hague about the dispute with Ennia’s majority shareholder Hushang Ansary and others, the Antilliaans Dagblad reports. In More...
PAR wants to force Ennia-prosecution with Article-15 procedure
WILLEMSTAD — Opposition party Partido Alternativa Real (PAR) wants to start an Article-15 procedure to force the Prosecutor’s Office to prosecute those who are responsible for the damages inflicted on insurance More...
Ansary’s wife Shahla bought $14 million penthouse in Palm Beach
PHILIPSBURG — While Ennia’s major shareholder Hushang Ansary is entangled in lawsuits that could force him to repay millions of dollars to the insurance company, his wife Shahla does not seem to be short More...
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 More...
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, 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...
