…but still can not resolve massive loss of cash

And while B.T.L. talks earnestly about cyber security it has been less forthcoming regarding its own problems with missing money; namely the over seven and a half million dollars that disappeared in a pair of slippery foreign exchange transactions. I asked Minister of Public Utilities Ralph Fonseca where that investigation stands.

Ralph Fonseca, Minister of Public Utilities
?As you know, there were some complications with the court with that in that, there?s a court case that?s still not finished. The Chief Justice had some health problems, at the same time, we had also appointed a special investigator, as I understand it he?s supposed to be giving in his report on Friday.?

Janelle Chanona, Reporting
?That?s an international or local person??

Ralph Fonseca
?A Local person.?

Janelle Chanona, Reporting
?Can you give us his name??

Ralph Fonseca
?George Swift, or George Swift and Associates.?

The massive losses to B.T.L. occurred when the company sought to procure foreign exchange on the parallel market. It is alleged that then C.E.O. Gaspar Aguilar gave Dion Zabaneh six point four million dollars and another one point two million to Hassan El-Sayed to convert to U.S. currency. Neither man ever produced the greenbacks or returned the bluenotes … and Aguilar, who apparently did not believe in receipts, lost his job in the process.