Plasterk offers Transparency International report to Dutch Parliament


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Plasterk offers Transparency International report to Dutch Parliament

  1. 1. Published On: Wed, Jul 3rd, 2013 Politics | By Edition Plasterk offers TI report to Dutch Parliament THE HAGUE, WILLEMSTAD – Kingdom Relations Minister Ronald Plasterk, has offered the Transparency International (TI) report to the Second Chamber of the Dutch Parliament. “By sending this report to the Parliament I have complied with my commitment made during the General Meeting with the Permanent Committee of Kingdom Relations on February 12, 2013,” said Plasterk. According to Plasterk it is striking that there is a gap between the general perception of corruption in Curacao and the actual concrete and present information about corruption violations. Another point he cites is that the regulations are generally in order but compliance and supervision are lacking. Plasterk also reflected on the financial instructions given by the Netherlands. “The instructions given by the Kingdom Council of Ministers to the Government of Curacao which were proposed by the CFT, are mentioned by the TI as one of the few effective monitoring mechanisms on the executive power since October 10, 2010,” Plasterk reiterated. How can there not be disparity? There is little court support of the laws. Where there is no court that enforces the law then lawlessness and corruption will prevail. Corruption imposes massive costs on countries and ordinary citizens. First, it corrodes public institutions by subverting laws, regulations and institutional checks and balances. Consequently, it undermines the legitimacy and credibility of the state, causing serious problems in governance. Second, it affects macro-economic stability by encouraging wasteful, ineffective government expenditures and tax evasion. Third, it discourages investment, especially foreign direct investment.
  2. 2. American Investors were part of that Aqua Spa lawsuit in Curacao. Orco and Aruba Bank were partnered with Aqua Spa as the lender of the funds to build that project. If what happened to these Investors happened in the US, the Renaissance Hotel owner and Aruba-Orco Bank would be under investigation. What these people did and are continuing to do to the people of the Antilles, with little to no court protection in place for the borrower, would be considered an illegitimate operation and bring all business investing in the Antilles to a halt. With this statement from the verdict of February 18, 2013 “The Judge cannot sit in the chair of the Banker” tells all that a case against a Bank of the Antilles is a NO win. instance-in-curacao.... The Bank can count on full blanket type support of the court. The Borrower will never receive any justice. It is alleged that this predatory system is designed to lure you into thinking that legitimate Business and Banking practices are being conducted in the Antilles . The evidence uncovered in this case will absolutely upset even the hardened Business person. It's alleged that the loan was written and funds released by Orco- Aruba Bank to only gain access to collateral. The American Investors are seeking full relief plus damages for what has happened to them and their Aruban partners as this business practice continues to occur in Aruba and Curacao of the Dutch Antilles. Their biggest concern is to warn any Investor in the Antilles to be aware of what they have found behind the scenes. In what looked to be a paradise has now proven to be a trap.