Published On: Wed, Jan 21st, 2015

Central Bank considers statements Schotte absurd

Central BankWILLEMSTAD - The Central Bank of Curaçao and Sint Maarten (CBCS) finds the statements made by the political leader and Member of Parliament, Gerrit Schotte on involvement in an international fraud, incomprehensible and absurd. This was stated by the bank via a press release. According to the MFK leader the CBCS stole money from two Venezuelan companies.

In the case cited by Schotte, the CBCS was accused of misappropriation of 72 million dollars.

“In 2011 the two Venezuelan companies had the assets of Bank X Inc. seized, a Curaçao-based bank that was supervised by the Central Bank. On the application of Bank X. Inc., the Court of First Instance in Curaçao, at summary judgment of August 29, 2011, had lifted the seizure, because, in short, Bank X  Inc. had performed the transaction on instructions from the two companies,” thus the CBCS.


Given the court decision the bank finds it therefore incomprehensible that Schotte publicly states in a meeting of parliament that CBCS has made the money “disappear”. “Admittedly, Bank X Inc., like many others, was under the supervision of the Central Bank as a separate institution, but an involvement of the Central Bank in the whole affair was not there,” says the bank.

According to the organization, these utterances to their address are indicative of the way in which they are repeatedly put in bad light. They therefore wish to refute the allegations made in parliament.

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