WILLEMSTAD – The Curaçao Tourist Board (CTB) has confirmed that it commissioned an internal audit and a subsequent comprehensive investigation into the finances of the Politur Curaçao Foundation after allegations of financial irregularities surfaced within the organization.
The confirmation follows a report published Tuesday by a local newspaper, which cited a confidential investigative report detailing suspected unauthorized financial transactions, personal use of foundation funds and shortcomings in financial oversight during the period 2020 to 2025.
According to the newspaper, the allegations center on the foundation's former chairman, identified only by the initials H.J. The report alleges that the former chairman made unauthorized cash withdrawals and bank transactions and awarded himself reimbursements without the approval of the board or the supervisory board.
The investigation also reportedly found that the foundation's credit and debit cards were used for personal expenses, including the payment of private debts and travel costs. In addition, reward points from a loyalty program were allegedly accumulated on a personal account while the underlying purchases were paid for with foundation funds.
The newspaper estimated the potential financial damage at approximately 675,000 Caribbean guilders. It also reported that the foundation's bank account was closed after the former chairman left office, making it more difficult to review the financial records.
The report further identified weaknesses in Politur's financial administration, including insufficient financial reporting, missing supporting documentation for transactions and inadequate record management. It also questioned the effectiveness of oversight provided by the foundation's external accounting firm.
According to the newspaper, the report recommends examining whether the former chairman can be held personally liable and suggests that a criminal complaint for possible embezzlement or fraud could be considered. It also recommends investigating whether other board members may bear responsibility if they failed to act on signs of alleged mismanagement.
In a statement issued Tuesday, CTB confirmed that, as the organization responsible for funding Politur, it had commissioned an internal audit covering the period from 2020 through 2025.
"Based on the findings of that audit, a comprehensive investigation into Politur's administration was initiated, covering the same period," CTB said. "The investigation is currently in its final phase, after which the necessary steps will be taken. The situation has CTB's full attention."
CTB also announced that a restructuring process is underway at Politur, along with changes to the foundation's organizational structure and operations.
Politur works closely with the Curaçao Tourist Board and is responsible for assisting visitors and promoting tourist safety across the island.
CTB did not disclose the specific findings of the investigation or indicate whether the matter has been referred to the Public Prosecution Service. It said only that appropriate action will be taken once the investigation has been completed.