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Nov 10, 2010

P.U.P. calls on S.S.B. and Gov’t to respect the will of the unions

The B.T.L. shares were launched for sale on October fifteenth, and from what we gather, the sale to the public is moving at a snail’s pace. Digicel Caribbean had indicated an interest to buy, but as far as we can tell, that has not yet happened. Last week the Social Security Board, by slim majority, voted to invest fifty million dollars of contributor’s money in the shares. The social partners on the Board were against the investment. Today, the opposition People’s United Party said it is supporting their decision. After a meeting of its national executive, the People’s United Party says the S.S.B.’s decision was taken with indecent haste, without discharging the need for due diligence, is fraught with conflict of interest issues and reeks of incestuous accommodation.  The P.U.P. called on S.S.B. and the Government of Belize to respect the will of the unions and the private sector. When the vote was taken, the representatives of the Unions, the Chamber of Commerce and the Belize Business Bureau did not support the decision to purchase.


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11 Responses for “P.U.P. calls on S.S.B. and Gov’t to respect the will of the unions”

  1. Cutty Ligiyaba says:

    Belizeans will accept any extra muscle and brains into these funny business. It was wrong for

    those crooks to force SSB–It was wrong for those crooks to overstep the true masters and

    Belizeans who only wanted to do the right thing for Belize– These crooks are ready to use threats

    and gangster style to obtain what they want—BELIZEANS GET YOUR AXE AND PADDLE–NOW

    SHOW THEM WHO IS THE BOSS.

  2. Common Sense says:

    “People’s United Party says the S.S.B.’s decision was taken with indecent haste, without discharging the need for due diligence, is fraught with conflict of interest issues and reeks of incestuous accommodation. ”

    LOL!!!!! That’s the funniest thing I have read for a while. Funny but tragic.

  3. ProudBelizean says:

    Im waiting to see what the PUP will do.

  4. >>Jimmy>> says:

    let the digicel company from the central american countries take over, we’ll have better rates and phone deals…..

  5. luo says:

    what can the pup do ? sell evertything and pocket the money .. pudp are the one and the same they all want money not consern for the people. both political party are the same ….crooked and the y srew us ..

  6. Student says:

    PUP betta seh something bout Ralph Fonseca and dah alleged drug trafficking and money laundering organization!!!!

  7. Adelante says:

    PUP needs to be more forceful, act like Her Majesty’s Loyal Opposition.. mobilize and inform the people. 50 million dollars in jeopardy. what will that mean to all those depending on pension moneys later..

  8. Earl Grey says:

    IT’S LIKE 50MILLION DOLLARS ………………… DOWN THE TOILET.

    BARROW SHOULD HAVE THOUGHT OF THAT BEFORE ACTING TO NATIONALIZE BTL….. as an ACT TO SPITE ASHCROFT, whom he used to work for.

    Now we got left HOLDING THE (empty) BAG

    WE NEED LEADERSHIP WITH VISION…………. or………………WE THE PEOPLE WILL PERISH!!!!!!

  9. Common Sense says:

    Adelante : Her Majesty’s Loyal Opposition cannot be more forceful – they will just expose themselves as larger hypocrites. Unless the PUP fully oust all the “old guard”, which wont happen.

    Just as the protests in front of the House of Representatives before the last elections – it is now up to the people. We cannot rely on political parties and politicians – they are all tainted badly. Time to rip up the steps of the House and protest again.

  10. Adelante says:

    A deh wit yuh common sense. wah lee tear gas noh kill nobody.lets do it… adelante!!!!!!!!!!

  11. javier solis says:

    What are you prtesting about? When they gave away 30 m to novelo and 47 m to godfrey, you fools all applauded. Now an investment you bex with? Look bobo, the worse that can happen is that the investment gets reversed. there is no way SSB can lose this money. in fact it can gain.

Comments are closed