Dutch news in brief, 18 February 2005

18th February 2005, Comments 0 comments

ING records 48pc rise in profit

ING records 48pc rise in profit

Bank and insurance company ING reported a record profit for 2004 on Friday. Announcing that its net profit rose by 48 percent to EUR 5.97 billion, ING attributed the good results to the company's banking activities and the sale of shares. Meanwhile, chemical company DSM and employment agency Randstad also announced positive annual figures on Friday. DSM reported net profits of EUR 262 million for 2004, an increase of 88 percent. Randstad's profit rose by 159 percent to EUR 200 million, Radio Netherlands reported.

Building fraud informer freed

Building fraud whistle-blower Ad Bos was freed from jail on Friday after being arrested on Thursday night on suspicion of perjury. The public prosecutor said it was not necessary to extend his detention, but investigations into Bos' actions continue. Bos was given a suspended jail term by Rotterdam Court last week for bribing a public servant. The court ruled that Bos should escape jail in return for revealing widespread corruption in the Dutch construction industry. But the former company chief is now suspected of having lied in court.

LPF sets up new Fortuyn party

Populist LPF MPs Hilbrand Nawijn and Gerard van As plan to set up a new network of local parties, leading to the creation of a national party in 2007. The group will be called Heart for Holland, news service NIS reported. Despite the disintegration of the LPF, both MPs said many people still want to resuscitate the legacy of party founder Pim Fortuyn, who was shot and killed in May 2002. The local parties will contest local elections in 2006 and a Heart for Holland party could run at the national election due in 2007.

Rise in sexual intimidation at school

The Education Inspectorate recorded more complaints of sexual intimidation at schools last year, compared with 2003. The full figures will be released in April, but the increase has already been confirmed. But a spokesman also said on Friday that the increase might be attributed to greater accessibility of the inspectorate's reporting office.

[Copyright Expatica News 2005]

Subject: Dutch news

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