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Exclusive: Mismanagement at NV GEBE results into bankruptcy… company’s time deposits reserves were tapped into.

August 26, 2022

Exclusive: Mismanagement at NV GEBE results into bankruptcy… company’s time deposits reserves were tapped into.
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PHILIPSBURG:--- As the saga continues at the sole utility company NV GEBE, it appears that the company is buried in mountains of debts caused by the mismanagement and incompetence of the current temporary managers.
NV GEBE has had its fair share of trouble with the former Supervisory Board of Directors and their incompetence. The company also had rough patches with the former management team that is today campaigning and leaking information to various politicians and media personalities. While there are several questionable decisions made by the former members of the supervisory board and its management team, the company managed to ...


To read more: https://www.smn-news.com/index.php/st-maarten-st-martin-news/41142-exclusive-mismanagement-at-nv-gebe-results-into-bankruptcy-company-s-time-deposits-reserves-were-tapped-into.html

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Source: https://www.smn-news.com/index.php/st-maarten-st-martin-news/41142-exclusive-mismanagement-at-nv-gebe-results-into-bankruptcy-company-s-time-deposits-reserves-were-tapped-into.html

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