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Finance Foundation investigation led to the end of Taliesin contract

PHILIPSBURG--The Central Bank of Curaçao and St. Maarten (CBCS) has executed an investigation into the operations of St. Maarten Housing Finance Foundation, the financing arm of St. Maarten Housing Foundation, which falls under the Central Bank's supervision. From the undisclosed findings of that investigation the Central Bank has opted to end its contract with Taliesin Construction N.V. for the renovation of its building in St. Maarten as of April 17.

Central Bank President Emsley Tromp made it clear on Monday afternoon in a press conference held in the St Read more

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Sarah calls for govt’s stance on CBCS issue

PHILIPSBURG--Democratic Party (DP) leader Member of Parliament (MP) Sarah Wescot-Williams has issued a call to the Marcel Gumbs' Cabinet "to show leadership by providing government's stance" on the halting of renovation work on the Central Bank of Curaçao and St Read more

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Mechanic’s lien is placed on Central Bank building

~ Bank claims ‘signals’ of integrity issues ~

PHILIPSBURG--Taliesin Construction N.V. has placed a “mechanic’s lien” on the building and adjoining properties owned by the Central Bank of Curaçao and St. Maarten as a means of obtaining its pay-out from the bank for the termination of its contract for the renovation of its building on W.J.A. Nisbeth Road.

The company is claiming NAf Read more

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Taliesin Construction placed “Mechanics Lien” on Central Bank.

PHILIPSBURG: --- Attorney at law Roland Duncan legal representative of Taliesin Construction that is owned by Carl Critchlow has placed a "Mechanic's Lien" on the Central Bank in order for the bank to pay off the construction company whom they awarded a contract to remodel and renovate the Central Bank building on St Read more

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