SNS Reaal makes complaint against former Property chief

Nationalised financial services group SNS Reaal has made a formal complaint to the public prosecution department about a former member of the board at its troubled property arm Property Finance.

‘The complaint has been made following the preliminary results of an internal investigation into possible conflicts of interest,’ SNS told news agency ANP. ‘A number of other external members of staff have also been sent home.’

ANP said its sources indicated the complaint could centre on Buck Groenhof, who was brought in to bring order back to the property division.

According to the NRC, the five other workers who have been suspended were all closely allied to Groenhof.