CBCS executive given a warning | THE DAILY HERALD

WILLEMSTAD–The Supervisory Board of the Central Bank of Curaçao and St. Maarten (CBCS) on April 19 commissioned an independent investigation into the facilitating of internal information in March to Minister of Finance and shareholder representative Kenneth Gijsbertha (MAN). As a result, management member and former interim president-director Leila Matroos-Lasten has now been given an official warning.

In addition to studying underlying documentation, interviews were held with the Executive Board and various employees of the joint monetary authority. The Internal Audit Department (IAD) conducted the fact-finding mission and recorded its preliminary findings that were subjected to a provisional analysis by an external legal adviser on behalf of the Supervisory Board.

The reports were sent to management on May 20, 2019. Its relevant members were afforded the opportunity to give their input and or comments on it, before the Supervisory Board would determine its position in this regard. Both responded to this request.

The board subsequently closely examined IAD’s preliminary final report, the preliminary legal analysis and the comments of the Executive Board members. Based on this exercise they issued a warning to Matroos-Lasten on July 13.

“The Supervisory Board reserves the right to revise its decision if there is reason to do so. The Supervisory Board refrains from taking more far-reaching decisions and publicly giving a more extensive account of facts in connection with the fact that the Prosecutor’s Office has meanwhile announced a fact-finding investigation.

“In the opinion of the Supervisory Board, confidentiality, integrity and reliability are core values ​​of CBCS that should not be called into question under any circumstances. All CBCS employees and bodies must act in accordance with the core values,” the board’s statement concluded.

Source: The Daily Herald https://www.thedailyherald.sx/islands/89364-cbcs-executive-given-a-warning

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