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RdK board submit resignation after no response government

Main news | By Correspondent October 6, 2021

WILLEMSTAD - The board of the Refineria di Kòrsou (RdK) immediately submitted its resignation and will remain in office under certain conditions until December 31, 2021. According to interim director Marcelino de Lannoy, the board decided to do so after the Pisas government declared it had no more confidence in the RdK management. De Lannoy says the government did this without being properly informed.

The government had until Monday to withdraw allegations against the board. That did not happen and there was no response at all to the request for this, according to de Lannoy. The board has set one more condition to remain in office until the end of the year. The government may no longer express itself negatively or insultingly about the RdK board.

The reason for the harsh tone and determination with which the RdK management expressed itself towards the government is because it has 'deeply touched them'. The general meeting of shareholders (the government) has made a decision in which confidence in the management and Supervisory Board have been terminated ‘without being informed about the facts’. De Lannoy says that the management should at least have been heard. 

“That is not the normal course of action that the Board and Supervisory Board are accustomed to from the shareholder, except that they act in violation of the law,” says the RdK management.

In a short press release, RdK announced on Tuesday that the director and the supervisory directors have made their positions available to the shareholder. Given the date of the letter, this appears to have already happened on September 27.

RdK says that not only has the government failed to inform itself, the Council of Ministers is also wrong.  “They have drawn the wrong conclusions. It is all about RdK subsidiary CRU (Curaçao Refinery Utilities) and the establishment of RDK Fuel Farms.”

The latter process has been running for at least a year, and even before the Pisas cabinet took office in mid-June, representatives of the incoming government received a detailed explanation at the end of March about the establishment of RDKFF.

According to the management and supervisory board, there are 'no economic or legal reasons to make their position available', they informed Prime Minister Gilmar Pisas, who is politically responsible for the refinery.

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