WILLEMSTAD - The Financial Supervision Board (Cft) wants clarity from the Minister of Finance Kenneth Gijsbertha before June 3 about the sale of the telecommunication company UTS and what has happened with the proceeds.
The Cft asked Gijsbertha in a letter.
In March 2019, Liberty Latin America (LLA), the spun-off unit of Liberty Global focused on Latin America and the Caribbean, finalized the deal to acquire 87.5 percent of UTS. LLA said it acquired all the shares owned by the government of Curacao in an all cash transaction that valued UTS at USD 189 million.