WILLEMSTAD - The utility company Aqualectra has seized 10 million guilders on the assets of the Refineria di Korsou (Curaçao Refinery) and the Curaçao Refinery Utilities (CRU).
The refinery is lagging far behind in paying its bills. And the CRU has not supplied electricity to Aqualectra which is included in the contract between the two parties. The reason CRU has not been able to do so is due to the shutdown of the refinery.
The total debt of the RdK and CRU is 75 million guilders. The parties hope to reach a good agreement, otherwise Aqualectra will have to go to court.