WILLEMSTAD - Several high-ranking employees of the PSB bank have been placed on mandatory leave. An investigation is underway into possible fraud involving these employees.
The fraud would have to do with a company that offers Pagafasil's service. The money that would come in through Pagafasil would not end up in the right place like payments for Aqualectra, FLOW and other companies. This could indicate fraud but is still under investigation.
The financial director, the operations manager and the financial manager were said to have been placed on hold after examination of the annual accounts. That investigation would have taken place after a possible takeover of PSB Bank. Then irregularities were found.