Court upholds Matser’s conviction of tax evasion

PHILIPSBURG–Member of Parliament for United St. Maarten Party (US Party) and businessman Silvio Matser and his now defunct company Energizer N.V. were convicted of tax evasion by the Joint Court of Justice on Thursday.

For these crimes, committed between January 2006 and October 2010, Matser was sentenced to 22 months in jail, 18 of which were suspended, on three years’ probation. He will also have to pay a fine of NAf. 150,000, or spend one year in prison, in case of non-compliance. Energizer was sentenced to a fine of NAf. 3,495,300.

Matser and his company had filed for appeal against their conviction by the Court of First Instance on January 7, 2015. Two years ago, Matser was sentenced to 24 months in jail, 18 of which were suspended, on three years’ probation, and 240 hours of community service. Energizer was sentenced to pay NAf. 4.5 million in back-taxes.

In the appeal case, the Solicitor-General asked for a punishment equal to the verdict the Court of First Instance had handed down in 2015.

Matser has two weeks’ time to file for a final appeal in this case at the High Court in The Hague.

Source: The Daily Herald