Korpodeko’s shares in InselAir converted into loan

WILLEMSTAD — Korpodeko is a shareholder of InselAir (20 percent) but this is a temporary construction. The shares will soon be converted into a ‘subordinated loan’. InselAir-director Albert Kluyver stated this after an anonymous source sent a document, which named the exact shareholders of InselAir, to the press.

The document mentions that development bank Korpodeko is the largest shareholder with 20 percent. “This is old news, as the document dates from 2009”, said Kluyver.A discussion between airline companies InselAir and DAE on Korpodeko’s role with financing the airline companies has been going on for some time. Last week InselAir reported on a letter to the government stating it was unfair that Korpodeko made 12.7 million guilders available to DAE, ‘although I never understood the development purposes set for such amount”, said Kluyver.
The amount that InselAir received from Korpodeko, 2.3 million guilders, ‘was to develop something, and we had to give full account on all details’. It regarded developing routes to five new destinations at the time, including St. Domingo, Haiti and Surinam. In that same letter InselAir wrote last week that Korpodeko is supposedly now 100 percent owner of DAE. For years DAE actually thinks InselAir is given extreme preference by the government.

Balie en administratie vestiging Curaçao gesloten in verband met waterschade

WILLEMSTAD – De balie (Front Office) en de administratie (Back Office) van de vestiging Curaçao van het Hof van Justitie zijn in verband met waterschade in het KNSM gebouw tot nader order gesloten.

Onregelmatigheden bij onderzoek griffiegelden Hof Curacao

WILLEMSTAD – Tijdens het jaarlijkse onderzoek naar de ontvangsten en afstortingen van griffiegelden heeft het bestuur van het Hof onregelmatigheden geconstateerd.

St. Maarten one step closer to averting FATF blacklisting

PHILIPSBURG--St. Maarten came one step closer to being compliant with the Financial Action Task Force (FATF) recommendations and avoiding being publicly listed as a jurisdiction with weak measures to combat money-laundering and terrorism-financing on Friday when Members of Parliament (MPs) unanimously passed the National Ordinance amending the Penal Code in connection with the implementation of some urgent international obligations.