WILL NETHERLANDS TAKE OVER CURACAO BECAUSE OF NATIONAL FINANCIAL CORRUPTION UNCOVERED BY CURACAO'S COURT AUDITORS?

CURACAO GOVERNMENT FIGHTING THE NETHERLANDS BUDGETARY INSTRUCTION MAKES SENSE?

By: JJosepha News

Twitter.com/JJosephaNews

Willemstad, Curacao. From 2013; under the (Staten van Curacao); SVC-03 session to the present legislative body of SVC-08; there has been roughly 6 changes over the past 6 years with reports from Transparency International highlighting Corruption as one of the most dangerous financial health hazards to the nation's growth and prosperity. Yet, Netherlands and the Kingdom Council of Ministers political surgeries have been unsuccessful in exercising the cancerous cells of corruption that seem to have metastases from the Heart of the country now eaten away at the soul and has further metastases to the brain.  Curacao's system of governance lacks the metrics of checks and balance, probably intentionally overlooked to spur the proliferation of those who wanted to maintain control of the country via the very same tool that discourage the resurgence of "Tula-want-to-be's" or the wayward intentions of uprise by any; "Carlos Manuel Piar-want-to-be's" or anyone of a "Wielsian" nature, however; absolute power corrupts absolutely. 

PART I.

REPORT OF CURACAO'S COURT OF AUDIT
A transcript from the Court of Audit, may further illuminate reasons why The Netherlands Council of Ministers may have had no other options than to issue a budgetary financial instruction for The Curacao government prime ministered by Eugene Rhuggenaath; (political leader of PAR). These financial instruments outlined in a July 12th 2019 communication, was in agreement and accordance with cft consultation to the Curacao Government.

CONSTITUTIONAL POWERS TO CHECKS AND BALANCE INADEQUATE FOR CURACAO

According to The Curacao Constitution:

Article 68 section 2, The Court of Audit is responsible for the examination of the revenue and expenditure of the country.

Article 69 section 1, A member of the Court of Audit shall be appointed by national decree upon nomination.

CURACAO'S COURT OF AUDIT - Video Transcript:

"Court of Audit Curacao (Algemene Rekenkamer Curacao) has the task to control the annual accounts of the Country and give its opinion about it to the Parliament and to the People of Curacao.

We have controlled the annual accounts for 2016 and 2017. (Video was published on March 1st 2019).

What we did control for both of these annual account is to see if:

• 1) the expenditure and the income are in accordance to the prescribed law.And also;
• 2) if the annual accounts give a trustworthy reflex of the financial position of the financial result of the country.

The results about the control for both years is the following:

• I. The expenditure and the income is not according to law.
• II. There is some expenditure and income that do not conform with the nationally approved budget.
• III. This is about an Error and Financial Legality!

2016 DISCREPANCIES IN ANNUAL GOVERNMENTAL ACCOUNTS DISCOVERED:

For 2016, this was; 491 million Guilders [equivalent to USD $280.6 Million Dollars @Exchange rate of 1.75] and for 2017, this is 1.1 billion Guilders [equivalent to USD $629 Million Dollars @Exchange rate of 1.75].

2017 DISCREPANCIES IN ANNUAL GOVERNMENTAL ACCOUNTS DISCOVERED:

In 2017 these error increased by 582 million Guilders [equivalent to USD $332.6 Million Dollars @Exchange rate of 1.75 ] in comparison with 2016.

ADDITIONAL OBSERVATION ON DISCREPANCIES ABOUT GOVERNMENTAL ANNUAL ACCOUNTS

Also, we notice that the annual accounts, do not give a trustworthy reflex of the financial position and the financial results for the country of Curacao.

SUMMARY OF GOVERNMENTAL ANNUAL ACCOUNT DISCREPANCIES NOTED FOR 2016 AND 2017: 

They have too low a degree of confidence or too many reliability errors:

• The annual account for 2016, has a sum total of 182 million Guilders [equivalent to USD $104 Million Dollars @Exchange rate of 1.75] of reliability error or very low degrees of confidence; and,
• the annual account for 2017, has a sum total of 38 million Guilders [equivalent to USD $21.7 Million Dollars @Exchange rate of 1.75 ] of reliability error or a very low degree of confidence.

FINANCIAL MISMANAGEMENT AND IRRESPONSIBILITY OF THE CURACAO GOVERNMENT DEMONSTRATED IN ANNUAL ACCOUNTS OF 2016 AND 2017 DISCOVERED BY COURT AUDITORS. 

In 2017, these errors decreased by 144 million Guilders [equivalent to USD $82.3 Million Dollars @Exchange rate of 1.75], but still they are too much.

We also noted, that the accounts have many other errors; and there are too many numbers that we have doubt about! These are because the financial management, had a lot of deficiency.

Our opinion: We DO NOT APPROVE of any of these two (2) annual accounts, because: 

• They have too low a degree of confidence or too many reliability errors.
• There are too many numbers that We DO NOT have confidence or trust in!"

END OF TRANSCRIPT

[VIDEO PUBLISHED: MARCH 1ST 2019]

PART II.

ANALYSIS OF COURT AUDIT WHOSE THE BLAME FOR THE ECONOMY OF CURACAO : ANALYSIS OF CURACAO FINANCIAL RESPONSIBILITY 01-01

TABLE 2 Curacao's Ministers Of Finance That Carried The Financial Responsibilities of The National Debt and Deficit Of Curacao To Where The Country Is Today.

TABLE 2 Curacao's Ministers of Finance from SVC-03 to present SVC-08, that were responsible for Curacao's debt, deficit and financial derelict.

TABLE 3 The Prime Ministers That Carried The Financial Responsibilities of The National Debt and Deficit Of Curacao To Where The Country Is Today.

TABLE 3 Curacao's Legislative Body Observation of Behavior with responsibility for the debt, deficit, financial oversight and derelict

TABLE 1 Ministers Of Economy That Carried The Financial Responsibilities of The National Debt and Deficit Of Curacao To Where The Country Is Today.

TABLE 1 Curacao's Ministers of Economic Development from SVC-03 to present SVC-08, that were responsible for Curacao's debt, deficit and financial derelict

THE CURACAO'S COURT OF AUDIT
Who is in charge of the Curacao Court of Audit?

On Wednesday; May 29th 2019, Mr Eithel DC Vriend; was sworn in as a member of the General Audit Chamber of Curacao. 

In 2014, Miroslava I. Wedervoort was appointed as Court of Audit Curacao President.
Other Court of Audit Curacao members included:
Dr. AM Rodriguez (Member)
Shanela E Cathalina (Secretary)

Miroslava Wedervoort Experience

• President: Supreme Audit Institution of Curacao's Court of Audit (July 2014 to Present [5 years 1 month]). 
• Managing Director: South American International Bank Curacao N.V. (July 2013 - December 2013)
• Advisor to Management: Maduro & Curiel's Bank Bonaire N.V. (June 2012 - June 2013)
• Commercial manager: Girobank N.V. (May 2001 - December 2011)
• Manager Independent Business Unit: Maduro & Curiel's Bank N.V.  (September 2000 until April 2001)
• Sr. Account Manager:  (May 1993 until August 2000)
• General Manager: Banco de Venezuela N.V. (March 1991 until April 1993)
• Account Manager: Ontwikkelingsbank van de Nederlandse Antillen N.V. {Development Bank - OBNA Bank} (August 1988 until February 1991)
• Manager Billing & Collection Department: Setel N.V. (April 1985 until May 1987)
• Trust Officer: Pierson, Heldring & Pierson {Curacao} N.V. (February 1982 until March 1985)
• Government Officer in charge of special assignments: Government of Curacao -Finance Department (February 1980 until January 1982)
• Assistant Accountant: Accountantskantoor Curiel (March 1979 until January 1980)

Miroslava Wedervoort's appointment came during the Ivar Asjes's Pueblo Soberano reign, following the political assassination of Helmin Wiels.

Mrs. Mirosalva Wedervoort's tenure of 40 years in the field of business management and accountancy has landed her in about 12 employments with the longest service of 10 years at the apparently financial grounded GiroBank-Curacao. 

CURACAO'S 2ND BIGGEST PROBLEM: PROMOTING AND PUTTING PEOPLE IN CHARGE BECAUSE OF FRIENDSHIP AND NOT BECAUSE THEY CAN GET THE JOB DONE!

A bitter pill to swallow for many in government employment and private venture, and to the distress of the general public who have to endure the wait, biases and favoritism, because political favors and aristocratic dominance reign trump to diligence, perseverance and intelligence in the service of the general public.

SOLUTION 101: RE-EVALUATE AND RECULTURALIZE CURACAO'S MENTALITY TO BEING BETTER SERVICE ORIENTED!

CURACAO CORNER
CAN CURACAO SURVIVE 2 MORE YEARS UNDER A EUGENE RHUGGENAATH LEADERSHIP?

"We will always survive any cabinet that the Netherlands inflict upon us, directly or indirectly! It was Netherlands and the King that imposed that elections  occur by a certain date and everyone forgot about the constitution and laws that were being broken or severely bent and now here is the PAR, MAN and PIN coalition that will no doubt bring Curacao back under the control of Netherlands and its King! Maybe that was the intention from the very beginning, but the problem wasn't the old corrupt politicians; year after year, it is the corruption and how infected the majority of people in power are. Corruption in Curacao is systemic, Curacao needs a lobotomy and vasectomy! Look how the government of Rhuggenaath was about to let Steven Martina get off  free and skip Jail. Curacao need to be sanitized against corrupt politicians and the people that promote, proliferate and encourage this type of corruption"; said a former politician from Banda Abou; known as "Mr. X"!

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