Corporate Governance For Whom Exactly
Open letter to Government
Philipsburg, Sint Maarten — July 26 th 2021 – Its with much dismay that I read about the events that are surrounding the most recent dismissal of the Managing Director of the PJIAH and the 2 board members of the PJIAH. In a simple term I would say its disgraceful. Disgraceful because government professes to be transparent, integer and honest, but makes these decisions for which the motive is questionable for more reason than one.
Lets start with the first reason, was the process in accordance with CORPORATE GOVERNANCE regulations, or is this a means to an end?
Were Corporate Governance rules not established to prevent political victimization of members of supervisory boards and managing boards when governments change?
Is this an unwritten or unannounced condition to funding?
Or is there something else that fails the test of transparency?
I can guarantee that this episode is far from over.
I call on the dismissed board members to take this to court including the Managing director of PJIAH and to also file a formal complaint at the Integrity Chamber, after all sine this chamber was born under forcefully conditions, and we are now also paying for, we might as well have them look into this latest questionable move of the Jacobs Cabinet Read more
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