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Former RdK advisor warns against deal with CORC

Local | By Correspondent June 2, 2021

WILLEMSTAD - Former advisor to the RdK, Marguérite Nahar, warns against the new deal with The Curaçao Oil Refinery Complex (CORC BV). If everything goes according to plan, the consortium will take over the exploitation of the Isla Refinery and Bullen Bay.

The owner of the refinery wants to lease the land. But according to Nahar, RdK runs the risk of losing the property if CORC starts issuing it as collateral for a mortgage. RdK director Mercelino de Lannoy says that the country remains the owner of the property and dismisses the criticism.

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