Published On: Fri, Jul 8th, 2016

Dijsselbloem needs more time for parliamentary questions Ennia

minister-dijsselbloemTHE HAGUE – The Dutch Minister of Finance Jeroen Dijselbloem indicated to the Dutch Parliament that he needs more time to answer their questions on the insurance company Ennia.

The insurance company was recently in the news because it was gutted out by its owner. This while being under the watchful eye of the Central Bank of Curaçao and Sint Maarten and the Dutch Central Bank, De Nederlandsche Bank (DNB). The answers to the parliamentary questions on this matter require, according to Dijsselbloem, “further harmonization”.

The MPs De Vries (VVD), Bosman (VVD) and Van Raak (SP) wanted to know what the consequences are if an insurance company like Ennia in Curacao goes bankrupt. They also asked Dijsselbloem and Minister Plasterk, responsible for Kingdom Affairs, what the situation is with the quality of the local regulators in the Dutch Caribbean islands. The MPs also want to know from the Ministers whether it is true that DNB already warned about the situation in Ennia in 2011.

The owner of Ennia, Iranian-Texan Hushang Ansary (90), used the insurance company, among other, to acquire a hotel in Sint Maarten, which was devastated by a hurricane. In total, Ennia paid 279 million euros for the project. Thanks to this investment, there is fear now that the insurance policies of tens of thousands of clients are in jeopardy. Ennia denies these allegations.

Click Tag(s) for Related Articles: