Ghent (Brussels Morning Newspaper): Optima Bank, declared bankrupt in June 2016 with debts of €115 million, faces legal proceedings against former CEO Jeroen Piqueur and others for money laundering. The Ghent Criminal Court will hear the case on February 20, 2025.
Optima Bank went bankrupt in June 2016, and its former CEO Jeroen Piqueur, along with his son Ruben and daughter Rebecca, were arrested in December 2017. Jeroen Piqueur faces charges of misuse of corporate assets and money laundering. Investigators claim that 100 million euros were transferred from the Belgian bank to foreign countries like Liechtenstein and Switzerland. Several former executives, including ex-minister Luc Van den Bossche, are also facing charges in connection with the case.
What charges will Jeroen Piqueur face in the upcoming Optima bank trial?
The public prosecutor’s office requested that 12 suspects be sent to criminal court, while 8 individuals and companies were not referred. The Ghent indictment chamber decided to refer Piqueur and others to court in 2025 for various charges, including forgery and money laundering. Piqueur appealed the decision, but the Court of Cassation dismissed his appeal.
Piqueur has referred to the Ghent Court of Appeal, which stated in 2021 that Judge Serlippens’ investigation was not impartial. Because of this, the allegations could not be dismissed. However, the Court of Cassation disagreed with this ruling. The case will move to the Ghent Criminal Court, which will hear it for the first time on February 20. The defense may challenge the court’s setup, which could delay the proceedings. A report from bankruptcy trustees shows that the declared debts could be between 100 and 115 million euros, while an asset worth 91 million euros has already been realized. The Guarantee Fund also received an advance of 37.5 million euros in 2020.
