PORT BOSS QUITS
Rotterdam Port Authority ceo Willem Scholten has resigned following financial blunders that could cost Rotterdam € 100m. Between 2002 and the present, the Port of Rotterdam granted guarantees on bank loans of the RDM company, totalling € 100 million.
The aid will be provided to the Belgian state of Flanders, the Antwerp Port Authority and terminal operators. In particular, it will help them meet the costs associated with operating an extra night shift and two weekend shifts needed to properly handle inland vessels in Antwerp.
The guarantees were granted to protect Rotterdam port interests in connection with the delivery of submarines.
The port’s statement says: “All transactions are done by Mr. Willem Scholten, CEO of the Port of Rotterdam personally, without informing other members of the Executive Board, the Board of Commissioners or the Municipal Board of Rotterdam?.Mr. Willem Scholten withdraws from his position as from now, but will be available to contribute to the investigations. As from January 2005 his employment will be terminated.”
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