Ballin is likely Chairman of joint committee on Central Bank

POSTED: 08/19/11 12:12 PM

THE HAGUE/WILLEMSTAD – The joint independent committee that will investigate the relationship between the Government of Curacao and the Central Bank of Curacao and St. Maarten will likely be installed next weeks. Well informed sources in The Hague have also revealed that former Dutch Justice Minister Ernst Hirsch Ballin is the likely chairman.

The committee’s creation was agreed at an extraordinary meeting of the Kingdom Council of Ministers on June 1 that was also attended by the Prime Minister of Curacao Gerrit Schotte. The meeting was called because of growing concerns about the public row between the Schotte-cabinet and the Director of the Central Bank Dr. Emsley Tromp. After the meeting parties had indicated the committee would study integrity in the Central Bank and in the government, but during his last visit to Curacao Minister of Home Affairs and Kingdom Relations Piet Hein Donner amended that statement and revealed that the committee will be charged with submitting recommendations on restoring confidence in the island.
The committee’s report should look at what happened, the current situation, how the peace can be restored and how it can be again come to a proper debate and good governance on the island. The report will not deal with specific instances or people because the country has its own procedures for handling that kind of inquiry.

The Government of Curacao has also requested the Supervisory Board of Directors of the Central Bank of Curacao and St. Maarten investigate the functioning of the Central Bank’s management, with specific focus on the director. This research is to be done in collaboration with the General Audit Chamber. There’s no word on whether it has begun.

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