Court upholds Matser’s conviction of tax evasion

PHILIPSBURG - Member of Parliament for United St. Maarten Party (US Party) and businessman Silvio Matser and his now defunct company Energizer N.V. were convicted of tax evasion by the Joint Court of Justice on Thursday.
 
For these crimes, committed between January 2006 and October 2010, Matser was sentenced to 22 months in jail, 18 of which were suspended, on three years’ probation. He will also have to pay a fine of NAf. 150,000, or spend one year in prison, in case of non-compliance. Energizer was sentenced to a fine of NAf. 3,495,300.
 
Matser and his company had filed for appeal against their conviction by the Court of First Instance on January 7, 2015. Two years ago, Matser was sentenced to 24 months in jail, 18 of which were suspended, on three years’ probation, and 240 hours of community service. Energizer was sentenced to pay NAf. 4.5 million in back-taxes.
 
In the appeal case, the Solicitor-General asked for a punishment equal to the verdict the Court of First Instance had handed down in 2015.
 
Matser has two weeks’ time to file for a final appeal in this case at the High Court in The Hague.

NAGICO respects arbitrators’ decision

PHILIPSBURG--NAGICO Insurances Chairman Imran McSood said on Thursday that the company accepts the decision of the arbitrators in the case involving Princess Juliana International Airport (PJIA).

Dutch Princess Christina, sister of Beatrix, dies at age 72

THE HAGUE--Princess Christina, youngest sister of former Dutch queen Beatrix, has died of cancer at the age of 72. The announcement was made on Friday morning by the Government Information Service RVD.

Negotiations on Oyster Pond border to commence late 2019

THE HAGUE--The actual negotiations regarding the St. Maarten/St. Martin border, including the Oyster Pond area, are expected to start at the end of 2019, confirmed Dutch Kingdom Minister of Foreign Affairs Stef Blok on Thursday.