The Dutch Caribbean Police Force (Korps Politie Caribisch Nederland, KPCN) has started an investigation into the illegal provision of loans/credits. This is a reaction to information from the Criminal Investigation Unit (Criminele Inlichtingen Eenheid, CIE). Money is allegedly lent on a large scale without any permit and at exorbitant interest rates.
Several witnesses have been heard in this investigation, and in January a home/business property at Kaminda Djabou was searched. The investigation brought to light it is true that loans/credits are provided on a large scale at interest rates of 10 to 20 % per month (which is
To read more: http://www.smn-news.com/st-maarten-st-martin-news/35043-providing-loans-credits-without-a-permit-is-punishable.html"
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Providing loans/credits without a permit is punishable. | SMN News
June 26, 2020
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