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St. Maarten spot on CFT vacant

Source: The Daily Herald 10 Dec 2014 06:22 AM

PHILIPSBURG--St. Maarten representative on the Committee for Financial Supervision CFT Richard Gibson Sr. has resigned from his post as of December 1. This leaves the country without a member on the committee that oversees its budget and finances.

The CFT confirmed Gibson Sr.'s resignation to The Daily Herald on Tuesday.

Prior to this, CFT Chairman Age Bakker had said during the committee's quarterly visit to the country last week that Gibson and CFT had agreed to keep some "distance for now." No information about the resignation was given during that visit.

Gibson's resignation possibly was linked to his candidacy for the post of Finance Minister in what is said to be the Marcel Gumbs Cabinet. However, his candidacy is said to be in doubt now due to some legal complaints filed against him that have affected his security and integrity screenings.

Whether the incoming government will reappoint Gibson Sr. or opt for a new representative on CFT is not known.

Marcel Gumbs mentioned 1 time
Richard Gibson mentioned 1 time

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