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Search Results for: Mullet Bay

By The Publisher On Monday, September 18th, 2023
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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...

By The Publisher On Thursday, September 14th, 2023
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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...

By The Publisher On Thursday, September 14th, 2023
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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 Tuesday, September 12th, 2023
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Rethinking the ENNIA Bailout: Say NO to the Loan

I firmly believe that when it comes to the bailout of ENNIA by the Dutch government, the involvement of St. Maarten and Curacao should not be a part of the equation. The responsibility for overseeing and supervising More...

By The Publisher On Monday, September 4th, 2023
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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...

By The Publisher On Saturday, July 29th, 2023
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MP Brison launches attack on MP Wescot-Williams

  PHILIPSBURG — United People’s party-leader Rolando Brison launched a vicious attack veteran MP Sarah Wescot-Williams by holding her responsible for the Bearing Point-controversy and by labeling her track More...

By The Publisher On Monday, April 17th, 2023
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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...

By The Publisher On Tuesday, March 14th, 2023
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Forgotten examples

By Hilbert Haar “A parliament is nothing less than a big meeting of more or less idle people,” the British journalist, businessman and essayist Walter Bagehot once wrote. True or false? When I look at the parliament More...

By The Publisher On Monday, February 20th, 2023
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MP Brison says: “Her decades in office proves Sarah/DP failed St. Maarten tremendously”

PHILIPSBURG — Member of Parliament and Leader of the United People’s UP Party MP Rolando Brison says he echoes the sentiment of so many who are tired of the continuous grandstanding by MP Sarah Wescot-Williams, More...

By The Publisher On Saturday, February 11th, 2023
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MP De Weever: “Our tax system is a bit absurd”

PHILIPSBURG — “We need to stop talking about tax reform and start reform,” independent MP Ludmila de Weever said in a meeting of parliament with Finance Minister Ardwell Irion. We need reform that empowers More...