Published On: Tue, Sep 5th, 2017

Swift and just

The freshly installed supervisory board of the Central Bank of Curacao and St. Maarten has wasted no time in dealing with the embarrassing situation of its fallen President Dr. Emsley Tromp.

The call for Tromp’s dismissal was obviously the only logical outcome of a situation where in the Central Bank’s president is haunted by criminal investigations into tax fraud and money laundering.

Against that background it is amazing that Tromp had the nerve to return to work and to attempt to take important decisions and annulling other decisions.

This is the behavior of a rogue politician who, against his better judgment, maintains that he is innocent until proven guilty.

Based on political history, such behavior from Caribbean politicians does not surprise anyone.

But the president of the Central Bank, an institution that must maintain a stellar reputation, should have known better than putting his personal interest before those of the bank.

It is clear to everyone – with the exception of Tromp – that the outcome of his criminal trial is irrelevant. His name is blemished and the bank cannot afford to keep him at his post.

It is therefore in the best interest of the two stakeholders, St. Maarten and Curacao, to severe the ties with Tromp quickly and decisively.