Former financial top man Vox Bank to court

Peter Weeker, former finance chief executive of De Volsbank, has gone back to court. It will appear from Wednesday Parliamentary letter sent Finance Minister Wobke Hokstra (CDA) and A news release from de Volksbank.

The minister and the state bank did not respond to Wager’s request. He is said to want to force a new inquiry into the management culture at the top of the bank in brief measures. According to Weizer, an investigation previously announced by the bank’s oversight committee would not be sufficient and would be conducted without sufficient denial. Researchers are reluctant to comment.

Disagreement over bank

Weeker was sidelined in August last year due to disagreements with de Volksbank. He then served as finance director for only a few months. Said in a press release De Volksbank “Dynamics among Team Members [..] There is no basis for constructive cooperation. ”

The head of finance would soon have run into a closed culture on the surface of the state bank, and wanted to elevate this with the regulators and partner finance ministry. According to others, Weeker, an accountant from PWC, would have made cooperation difficult because he would have unnecessarily sharpened things.

In two brief actions announced and withdrawn after the summer, Weigher called for an independent inquiry into the management culture within De Vox Bank. It came. The bank said in September that it would have decided before there were any legal cases.

Researchers Gerrard Boot (Professor of Employment Law) and Paul Noblen (Group Adviser) were instructed to examine the relationship between team members and the oversight committee. In a statement from De Volksbank about the investigation, they were allowed to ask further questions about ‘anything that researchers consider appropriate for a thorough investigation in this context’.

The second driver went

After Weeker, a second director stepped down, acting director Mirzam Verhoeven. In an official statement, he said goodbye due to “differences of opinion on the state of affairs, the policy to be followed and the course to be followed by the bank”. Verhoeven is said to be dissatisfied with the performance of the supervising directors and to blame them for the lack of transparency. For example, they would have been pushed by the appointment of the new top man, Mortiz Gripna. He then had a residence permit in the United States, which would subject Vox Bank to the US embargo. After lengthy persuasion from others in the finance ministry, Kripnov gave it up Green card Ann.

Minister Hookstra, who had earlier called matters on the bank’s surface “disappointing”, told the House in November that the results of the inquiry were expected in 2020. The bank pointed out that January is more likely.

The minister writes in his latest parliamentary letter that the release of the inquiry has been postponed as the outcome of the initial relief efforts is pending. Upon completion of the investigation, the Minister said that de Volksbank would “publish a message on the bank’s website”. As such, the statement itself does not appear to be public.

Preliminary relief operations are scheduled for Feb. 2. Judgment is expected two weeks later.