Saturday, June 30, 2012

Government still to take a decision about Tromp

PHILIPSBURG--Government is still to take a decision about the request to support the proposed suspension of Central Bank of Curaçao and St. Maarten (CBCS) President-Director Emsley Tromp while an investigation into lapses in policy and integrity issues is executed.

Finance Minister Roland Tuitt said Wednesday that the matter had been "talked about" in the Council of Ministers meeting and it had been decided "to gather more information" before making a final decision.

The suspension request came from CBCS Supervisory Board Chairman Robert Pietersz.

When asked by the press whether government intended to call in Tromp to hear his opinion on the suspension request, Tuitt said he could not disclose government's strategy to gather information, due to the "critical issues" at play. However, he stated that government would come to a decision on the request soon.

The call for the investigation is related to the granting of a US $150 million bond to St. Maarten Harbour Group of Companies, to allow the company room to reinvest and to finance the planned Simpson Bay Lagoon causeway.

The reason given for the suspension request hinges on the impropriety of having the person who is part of the investigation be on the job, Wescot-Williams had explained.

Also related to CBCS, Tuitt will attempt to clear the impasse concerning the 2012 budget, which has not yet been approved, through a meeting with his Curaçao counterpart George Jamaloodin.

Tuitt said the CBCS Supervisory Board had requested that the two governments "meet to see how we can go forward."

The meeting will focus on the "best strategy" to have the budget approved and to get the bank on course. The situation at CBCS is "a ticklish one" that must be resolved soon, Tuitt said.

Source: http://www.thedailyherald.com/islands/1-islands-news/28957-government-still-to-take-a-decision-about-tromp-.html

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