April 25, 2019 Communiqué-Issue of money shipment to the next phase

Suriname has been experiencing the adverse effects of the cessation of regular money shipments for a long time, after a shipment was unexpectedly seized by the Dutch public prosecution service last year April. The earlier mentioned effects are shortage of cash us dollars and a surplus of cash euros and a negative influence on the exchange rate.

The time has come that the central bank and the commercial banks have unanimously decided to request the Dutch court to remove the order to seize the shipment.

The banks, which have never been designated as suspects, have fully cooperated with the investigation and have tried to resolve the matter in consultation with the Dutch public prosecution service.

However, the Dutch public prosecution service appeared to have insufficient ear for the arguments of the banks and for the negative impact on the Surinamese economy. That is why the matter is now being referred to the court. the team of lawyers awaits the outcome with confidence because the originally stated ground of the seizure has expired and there is no other reasonable ground for continuation of the seizure. 

Besides removing the order of the current seizure, the banks are working towards a solution for future money shipments so they can resume in the foreseeable future and the monetary situation normalizes. 

Central Bank of Suriname 

April 25, 2019