United Group buys Banco di Caribe
PHILIPSBURG — Banco di Caribe has been sold to the Curacao-based United Group Holdings for an undisclosed amount of cash, the Central Bank of Curacao and St. Maarten (CBCS) announced in a press release. The More...
Central Bank considers selling Banco di Caribe
WILLEMSTAD — The Central Bank of Curacao and St. Maarten considers putting the shares of Banco di Caribe up for sale in an effort to generate revenue for the restructuring of insurance company Ennia. The More...
Ansary Group issues press release accusing Jardim of misleading public
PHILIPSBURG — On Friday, October 2, 2020, the Ansary Group represented by Parman International BV issued a press release with the following headline: ‘ONCE AGAIN JOSE JARDIM OF THE CENTRAL BANK OF More...
Central Bank response to recent media coverage of ENNIA
Willemstad/Philipsburg – Following recent media coverage, the Centrale Bank van Curaçao en Sint Maarten (CBCS) reports as follows. In early July 2018, at the request of the CBCS, the Court of First Instance More...
The ENNIA-debacle: How Ansary ignored all red flags
PHILIPSBURG – It took until July 4, 2018, before the court in Curacao imposed an emergency measure on insurance company ENNIA. In doing so, the court put managers and directors of ENNIA on ice and transferred More...
ENNIA and the theft of the century: these are the key players
PHILIPSBURG – Hushang Ansary is not the only one facing a lawsuit initiated by insurance company ENNIA; other defendants in this case include his daughter Nina, his holding Parman International and three others More...
Hushang Ansary: the colorful character at the heart of the ENNIA-controversy
PHILIPSBURG – The bitter fight between insurance company ENNIA and its major shareholder Hushang Ansary has resulted in several court cases and there are more to come. From the 200-page petition attorneys Karina More...
Have taxes been paid?
Reports coming out of Curacao indicate that well-known people on St. Maarten allegedly received millions in payments over a number of years from companies linked to ENNIA Insurances. These payments supposedly were More...
Mullet Bay once again takes center stage
No one on St. Maarten, living and working on the island in the 70s and 80s, was not affected by Mullet Bay in one form or another. Every family had at least one or more relatives that worked at Mullet Bay. Many More...
Central Bank appoints Brodie as ENNIA’s CEO
WILLEMSTAD – The Central Bank of Curacao and St. Maarten will install a new management team at insurance company ENNIA next week with Lesley-Ann Brodie as its Chief Executive Officer. Brodie spent more than ten More...
