Management of SMHDF fights suspension, seeks compensation
PHILIPSBURG--St. Maarten Housing Development Foundation's (SMHDF's) Finance Manager Emilio Kalmera and Executive Assistant Miurica Williams challenged their suspensions by the foundation's Supervisory Board in the Court of First Instance on Wednesday.
Managing Director Henry Lynch saw his service agreement with SMHDF end on February 4, based on a host of allegations concerning financial mismanagement and embezzlement.
Representing Kalmera and Williams, attorney Cindy Marica called her clients' suspension invalid and illegitimate, as only the Board of Directors, not the Supervisory Board, would be entitled to make such a decision.
Marica said furthermore that SMHDF had not worked diligently in dealing with the cases against her clients Read more
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