Published On: Fri, Feb 26th, 2016

Former Minister El Hakim declared bankrupt

Nasser HakimWILLEMSTAD – Recently the court declared former Minister of Economic Development, Nasser el Hakim bankrupt. The former Minister has nearly 4 million guilders in debt.

Last week Friday's the court handled the bankruptcy request. The bankruptcy was requested by Giro Bank on November 13 last year, after the former minister stopped paying. The bank demanded about 686,000 guilders. In total, El Hakim represents nearly 4 million guilders at various creditors in debt.

The Laarschot has been appointed by the court as receiver. Andre Small was in the bankruptcy case of El Hakim lawyer.

El Hakim was appointed as Minister of Economic Development during the government of Gerrit Schotte. He’s a member of the MFK party headed by Schotte.

The screening of the members of the Schotte-cabinet was not fully implemented in 2010. In a leaked memo from the Intelligence Service Curaçao it was reported that El Hakim would have indirect links with the terrorist organization Hezbollah and the Italian mafia. It was also said then that he would have tax debts and arrears in the payment of social security contributions.

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