A former financial specialist who worked for insurer Delta Lloyd, now owned by NN Group, has been arrested by the Fiscal Information and Investigation Service (Fiod) in The Hague. Interpol is alleged to have asked for his arrest because he is suspected of bankruptcy fraud, forgery and money laundering.

According to the newspaper, it is the 49-year-old British economist Ramesh D. from Belgium. There is a case against him on Bermuda. He allegedly committed crimes as director of island-based insurer St George’s Ltd. The OM did not want to confirm D.’s name to the FD.

During a Dutch lawsuit last year, D. still claimed tens of millions of euros from Delta Lloyd and Nationale-Nederlanden. He then claimed to be entitled as a key figure in Delta Lloyd’s investment policy. Thanks to him, the insurer could have achieved above-average returns in the past. But the claim for millions was rejected by the judge, because D. allegedly had falsified documents as evidence.

Delta Lloyd had a consultancy agreement with a legal predecessor of the company of D. since 2002. The specialist would provide advisory services for Delta Lloyd and train employees of the insurer in financial derivatives. At a certain point, doubts struck about his knowledge and skills. Delta Lloyd finally broke with him after a number of questionable transactions.

Load More Related Articles
Load More By WeeklyNews staff
Load More In Business

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also

Japanese yen tumbles as oil price rises again

On the foreign exchange market on Monday, the Japanese yen is the most striking currency, …