NEWS RELEASE

Thursday, 13 September 2018

Acceptance of Settlement Proposal Made by Public Prosecutor’s Office:

Louis Reijtenbagh and his family have accepted a settlement proposal made by the Public Prosecutor’s Office of Antwerp (Belgium). The settlement, which is subject to pending approval by the Court, will constitute a definitive end to the dispute with the Belgian authorities that concerned domicile-related tax and ancillary issues which allegedly occurred over a decade ago. The settlement is a legislated arrangement that provides a final and complete resolution of the dispute, which does not constitute any conviction, nor any finding or admission of guilt, wrongdoing or misconduct whatsoever.

Contact:
Sard Verbinnen & Co
Matthew Benson
E: mbenson@sardverb.com
M: +1 917 328 3471
T: +1 212 687 8080