Business · Companies · 11 hrs ago

Conservatrix shareholder seeks €53 million from Dutch central bank and state

Conservatrix shareholder seeks €53 million from Dutch central bank and state

Conservatrix Group is seeking €53 million in damages from the Dutch central bank and the Netherlands state.

The group is the former shareholder of life insurer Conservatrix.

The insurer had collapsed, and a rescue attempt was made.

A court had earlier ruled that DNB committed fraud in connection with that rescue effort.

Conservatrix Group says that ruling is the basis for its claim.

The claim seeks compensation from DNB and the state; no further steps are described.

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