Cft chairman Raymond Gradus: “Bonaire is not adequately implementing legislation, threat of escalation ensues”

The Board of financial supervision Bonaire, Sint Eustatius and Saba (Cft) has called on both the Executive Council and the Island Council to demonstrate more decisiveness. The Cft has been stating for some time now that on too many levels Bonaire is not complying with the legal standards. In addition, agreements made with the public entity have repeatedly not been fulfilled at all or not in an adequate manner. "If this situation does not improve, an advice for an instruction will become unavoidable", according to the Cft chairman Raymond Gradus.