Published On: Thu, Jun 23rd, 2016

ENNIA, Central Bank in Kingdom Council of Ministers

ronald-plasterkTHE HAGUE -The developments at the Dutch Caribbean Insurance company ENNIA and the Central Bank of Curaçao and St. Maarten (CBCS) will shortly be discussed by the Kingdom Council of Ministers.

Dutch Minister of Home Affairs and Kingdom Relations Ronald Plasterk announced this in a debate with the First Chamber of the Dutch Parliament on Tuesday in response to a question by Senator Meta Meijer of the Socialist Party (SP).

Meijer asked what the Dutch Government planned to do to ensure that the ENNIA clients would be paid the pensions and insurances to which they had a right. “Millions have disappeared at ENNIA. The money disappeared in the pocket of the owner, and as a result the pensions and insurances are not covered,” she said, referring to the recent articles in the Dutch newspaper Financieele Dagblad.

Senator Kees Kok of the Party for Freedom PVV linked the media reports to the corruption, fraud and crime in the Dutch Caribbean. “The devastating report of the Dutch Central Bank DNB about what happened at ENNIA which was emptied is again illustrative, with several ten thousand uncovered policies as a result,” he said.

Plasterk confirmed that the DNB, responsible for the supervision on financial institutions in Bonaire, St. Eustatius and Saba, has investigated the developments at ENNIA and that the DNB was concerned about the supervision exercised by the CBCS.

The Minister said that the concerns would be addressed in the next Kingdom Council of Ministers, which is scheduled for July 1. “The Kingdom Council of Ministers will shortly discuss a letter on this matter,” he said.

“Possibly a legislation trajectory will be started to ensure that the DNB will no longer be completely dependent on the CBCS for the information to carry out its supervision,” said Plasterk, who noted that the Ministry of Finance had taken on the issue in a “serious” manner.

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