~ No comments from Mingo.~
PHILIPSBURG:--- The Council of Ministers have voted in favor of dismissing Mark Mingo as the Director of the Harbor Holding and all its subsidiaries.
Based on the decision of the COM, Mingo must be dismissed as of April 23rd, 2020, six years after his suspension as he was under investigation in the Emerald case. Mingo was convicted to 46 months imprisonment in January 2020.
The Council of Ministers in its decision states that the Mingo was not allowed to act on behalf of the company for 6 years, that based on the conviction there has been irreparable trust by the GMS. That the corrupted name of Mingo to third parties, investors and locally and regionally and worldwide, thus giving the GMS forms urgent reasons for instant dismissal as mentioned in article 7 paragraph 5, in its first sentence.
The GMS found that even though Mingo has filed an appeal against the conviction rendered by the Court of First Instance of January 29th, 2020 does not change the opinion of the GMS even if the Appeals Court or Supreme Court should acquit Mingo urgent reasons as mentioned in the articles would apply and warrant dismissal.
SMN News learned that Mark Mingo has decided to challenge the decision taken to dismiss him from the Harbor Holding and to immediately cease the payment of his salaries. Efforts made to obtain a comment from Mingo proved futile as he said he will not make any comments at this time and that questions should be directed to his attorneys.
It should be noted that the Harbor Holding has taken this decision since the mandatory conditions were placed on the Council of Ministers for St. Maarten to receive recovery support from the Dutch Government.
SMN News further learned that ABVO is having discussions with temporary directors possible cuts in employees' salaries of the Harbor Holding will endure, while the managers will forfeit their bonuses in order to allow the cuts for the lower scale employees.
