[6] In 1988, Hoefdraad started working for the Central Bank of Suriname, and was a part-time lecturer at the Anton de Kom University.

[7] In 2019, the Progressive Reform Party reported Hoefdraad to the Prosecutor General for exceeding the debt ceiling.

[9] On 1 November 2019, the National Assembly voted for a new law which no longer criminalised exceeding the debt ceiling.

[7] In April 2021, the Prosecutor General filed a request to prosecute Hoefdraad for dubious transactions between the Central Bank and the Belgian company Clairfield.

[15] He was found guilty on violating the anti-corruption laws, misuse of state resources, participating in a criminal organisation, and embezzlement.