Finance
Dutch court to rule on millions of Euros seized from Suriname commercial banks
By Shanieka Smith
Staff Writer
#Suriname, December 16, 2022 – The case involving the seizure of Euro €19.5 million by the Fiscal Intelligence and Investigation Service (FIOD) will hear a ruling on January 10, 2023. The Central Bank of Suriname (CBvS) had
In December 2019, the seizure was declared unlawful by the District Court of Noord-Holland on the grounds that CBvS has immunity under international law. The bank’s attorney, Aroon Gonesh said he and his colleagues had agreed the seizure was unlawful and no conviction would be made.
An appeal was made by the public prosecutor last year and the Supreme Court once again ruled that the seizure was lawful. The court said international law states that a central bank may only claim immunity in cases involving the use of central bank ‘property’ to carry out its duties related to currency and monetary policies.