DSB bankruptcy research ‘not according to the rules’

The research into the role of former senior executives at DSB bank in the private bank’s collapse last year is not being carried out according to agreements with the finance ministry, Nos tv reports on Thursday, quoting insider sources.

The central bank and financial services regulator AFM reports into at least one former executive have not been given to an independent professor for his opinion, even though this was agreed, Nos claims
The problems centre on the reports into the role of former CFO Jaap van Dijk. Both the central bank and AFM have investigated his expertise and integrity but professor Michiel Scheltema has not been asked to approve their work, Nos says.
MPs have demanded an explanation from finance minister Jan Kees de Jager.
One report
Sources say only one report is still being worked on by Scheltema, that into former supervisory board member Age Offringa.
Two report procedures have been completed, into former finance minister Gerrit Zalm who was CFO after Van Dijk and supervisory board member Robin Linschoten.
Earlier this month it emerged four investigations have been halted because the person involved no longer has a significant role in the financial services sector.
Missing
But there is great uncertainty about what has happened to the investigation into Van Dijk, who now works at SNS Property Finance.
The results of the central bank and AFM investigations into Van Dijk have not been put to Scheltma for approval and both institutions are refusing to comment, Nos says.
Scheltema denies a claim by an SNS spokesman that he had agreed to wave the third check because Van Dijk has been with SNS for three years.