Wib Bank Md Is A Disgrace To The St. Maarten Culture And People
~Downes orders removal of ATM machine ~
PHILIPSBURG – In the peak of Carnival 2016 season, WIB managing Director Derek Downes ordered the removal of the WIB ATM machine. The removal of the ATM signaled Downes’ refusal to pay the donation of US $15,000 (not $50,000 as was previously stated) the SCDF had asked as a contribution to Carnival activities.
He also made it clear that he would not pay “Stichting Overheids Gebouwen†(SOG), which presides over the Carnival activities, the US $750 for 2 weeks rental of the space where the ATM machine is located in the Festival Village.
A source close to the saga, who asked to remain anonymous, told 721news that Downes prefers to spend more money to remove the ATM machine, and the structure that houses it, because those were past investments made by WIB.
“This is a clear sign of this man’s arrogance, and a clear sign that he doesn’t want anything to do with Carnival or SOG in the near future,†the source stated Read more
Candidates in this article: