Search Results for: pension
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...
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...
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...
GEBE has to compensate former human resources manager
PHILIPSBURG — Utilities company GEBE is paying a hefty price for the dissolution of its labor contract with human resource manager Clifford Sasso. The Court in First Instance allowed the termination of the More...
Mary’s Fancy-development on hold due to unfavorable conditions
PHILIPSBURG — General Pension Fund APS acquired Mary’s Fancy and the De Castro properties on L.B. Scott Road in 2014 for 4.4 million guilders ($2,458,000) with the intention to develop them for commercial More...
Going into Recess, Gumbs Sends Questions to Irion Over ENNIA Situation
PHILIPSBURG – PFP member of Parliament Melissa Gumbs sent questions to the Minister of Finance Ardwell Irion requesting, among other information, an update on the ongoing saga between ENNIA and the Central 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...
Ministry of Justice takes on tedious and monumental task diligently
~ The amount of data being processed is equivalent to doing a census ~ PHILIPSBURG — Why does it take so long before the Ministry of Justice had completed all the necessary information about its staff members? More...
“Politics is heavily involved in filling management positions at the Cadastre”
PHILIPSBURG — What is so secretive about the Cadastre that is warrants a closed-door meeting of parliament? StMaartenNews.com discussed this issue with an organizational consultant, who offered a blistering More...
