THE HAGUE--The Second Chamber wants to know how the effectiveness of financial supervision on the government finances of Aruba, Curaçao, St. Maarten, Bonaire and St. Eustatius can be increased.
The Second Chamber’s Permanent Committee for Kingdom Relations on Friday posed several questions to Dutch Minister of Home Affairs and Kingdom Relations Kajsa Ollongren in relation to the 2017 Annual Account of Kingdom Relations.
The five islands are having financial issues and only Saba has its financial household in order. The Dutch General Audit Chamber last week questioned the effectiveness of the financial supervision executed by the Committees for Financial Supervision CFT.
“What is your reaction to the conclusion of the General Audit Chamber that question marks can be placed at the effectiveness of the current financial supervision? What can be done to improve the effectiveness of the financial supervision?” the Committee asked.
The Committee further wanted to know at which government entities in Aruba, Curaçao and St. Maarten the accounting and consultancy firm KPMG had a monitoring, executing or advisory function.
The Committee’s questions serve to obtain information in anticipation of a debate about the 2017 Annual Account of Kingdom Relations and the report of the General Audit Chamber.
