Former Suriname governor sentenced to 12 years

Gillmore Hoefdraad
Gillmore Hoefdraad
Juan Manuel Herrera/OAS

A Surinamese court has sentenced Gillmore Hoefdraad, a former central bank governor and finance minister, to 12 years in prison on corruption charges, according to media reports.

The court also fined Hoefdraad S$500,000 ($23,200) in the judgement, handed down on December 17.

The government had charged Hoefdraad as part of a criminal conspiracy to defraud the central bank while he was serving as finance minister. According to the Interpol notice seeking his arrest, Hoefdraad faced charges of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.