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...
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...
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...
Ansary to court on March 30
WILLEMSTAD – The Court in First Instance in Curacao will handle the liability procedure against insurance company ENNIA’s major shareholder Hushang Ansary and other former managers on March 30, the Antilliaans More...
Ansary frustrates restructuring of insurance company ENNIA
PHILIPSBURG – Hushang Ansary, the 93-year old Persian-American major shareholder of Parman International B.V. is frustrating the restructuring process the Central Bank of Curacao and St. Maarten (CBCS) has More...
