CHAPTER 9
9-2g ABN / AMRO discredited
Former ABN CEO found dead in Laren
Saturday, April 5th, 2014, 15:54
“Jan Peter Schmittmann, former chairman of ABN Amro Netherlands, is one of the three dead
that were found Saturday morning in a home in Laren. This confirms the police. In the house
forensic examination takes place.”
“Around 10:30 this morning the police received a report that there may be something going on
in the building. The officers found three deceased persons: father, mother and daughter in the
teen age”.
“We think that we are dealing with a ‘family drama’, according to a police spokeswoman.
According to the spokeswoman the family was not known to the police. Schmittmann has another
child. No news about her.”
2008
“Until 2008, Schmittmann was the highest ranking man at ABN Amro Netherlands. When the bank
after the acquisition by Fortis had to be rescued by the Dutch state, he had to lead the heavily
demoralized staff. ‘That was his finest hour’, says a former colleague speaking on condition of
anonymity. ‘Schmittmann made a deep impression with his relentless optimism and perseverance.
’ He held meetings with staff members who were poorly prepared. ‘He radiated an enormous
positive energy,’ says another. Schmittmann, a few years before his departure, turned on the planning
of board chairman Rijkman Groenink to merge the bank with Barclays. He preferred to the hostile
bid from the consortium of RBS, Santander and Fortis. His hope was that ABN Amro Netherlands
as a part of Fortis, would be less lost in the mire than with the British.”
Severance payment
“After the nationalization Schmittmann hoped to remain the highest ranking man. He was very
disappointed when the State appointed Gerrit Zalm as chairman. Schmittmann had to leave and was
contractually entitled to a severance payment of around 18 million euro.”
“Because he felt that this amount would be unacceptable after the nationalization, he voluntarily gave
up almost 10 million euro. Nevertheless, he received a lot of criticism. Years later he remarked:
‘A friend of mine put it like this: Jan Peter, you’re a schlemiel under the grabbers and grabber under
the schlemiels.’ The last years Schmittmann promoted as investor in start-up contractors. He also
championed for small and medium-sized enterprises, which according to him, were harmed by large
corporations widening their payment period. He was convinced that large companies are putting the
small businesses to the sword. In order to change that, he wanted to establish a platform under the
name ‘Big helps small’.”
Source: Financieel Dagblad
9-2h Police doesn’t want to say anything about the death of former CEO ABN Amro
The area around the villa Schmittmann was closed off by the police Saturday
“The investigation into the death of former ABN Amro CEO Jan Peter Schmittmann (57) and his wife (57)
and daughter (22) has been completed. But the police still keep silent about the investigation.
The investigation into the death of Schmittmann and his wife and daughter was completed Saturday.”
Family murder
“The three bodies have been removed from the house on the Hoog Hoefloo in North Holland Laren.
The police assume a family murder, but don’t want to disclose anything about the investigation.”
“A lot of information came in Saturday, of which the police claim to examine at this moment. Probably in
the course of the week, they will announce what happened in the white villa.”
ABN Amro
“Schmittmann worked at ABN Amro between 1983 and 2009. He started as account manager and worked
to senior management in 1998. In 2003 he became chairman of the Dutch part of ABN Amro. Here,
he supervised among other the acquisition by Royal Bank of Scotland, Santander and Fortis.”
Severance payment
“In 2009 when things went wrong with Fortis, and ABN Amro had to be nationalized, Schmittmann was
forced to leave as chief of the bank.”
“Because of his long service record he got 8 million euro severance payment. That was the highest
severance payment ever. The then Finance Minister Wouter Bos (PvdA) called that ‘exorbitant’.
Schmittmann responded by saying that the reaction of Bos is ‘unsavory’. “
Source: Elsevier
9-2i Former banker Schmittmann killed wife and daughter. Three dead in house in Laren
“Former ABN Amro CEO Jan Peter Schmittmann killed his wife and daughter first and then he turned
his gun on himself, as the police report after completion of the investigation. In the house in Laren,
a farewell letter is also found.”
“Saturday around half past eleven police received a message that there was ‘something going on’
in the villa at the Hoog Hoefloo. When officers went to take a look, they found the bodies of
Schmittmann (57), his wife (57) and his daughter (22).”
Incomprehensible
“After completion of the trace evidence, police today concludes that the former banker killed his family
and then committed suicide. About the cause of death and the content of the farewell letter, the police
in connection with privacy considerations make no statements. The eldest daughter of the family is
taken care of by family. The family came out with a statement today: We are deeply shocked and
defeated by this unimaginable news. We knew that Jan Peter struggled with severe depression.
That it finally would lead to these events, it is still incomprehensible for us. Our first concern is
supporting the other daughter of the family in the processing of this indescribable grief. We hope
to do that in peace and seclusion.”
“Jan Peter Schmittmann worked for 26 years at ABN Amro and occupied several senior positions
at the bank. In 2008, however, he had to resign. The bank was nationalized by the Dutch state after
RBS, Santander and Fortis had choked on the takeover of ABN Amro. Because of the nationalization
there was no room in the board for Schmittmann.”
“NRC editors Hugo Logtenberg and Esther Rosenberg wrote today a profile about former ABN Amro
banker Jan Peter Schmittmann: ‘Banker, father and businessman - everything to the extreme.”
Source: NRC
Whatever is going on worldwide, it is obvious that a lot of bank managers drop dead, committing
suicide or being murdered. A lot is going on in the financial world and these guys are under pressure
from the financial mafia. They also know that the entire financial world is a bubble and can collapse
any time. The sign will be given by our Rothschild family and they decide who will survive. We now
know that ABN / AMRO ING and RABO will not belong to the lucky ones, and are now slowly but surely
squeezed into their business. Together with these giants many smaller financial institutions
will also depart.
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