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Courtenay Says Government Has “a Problem” with Senate Commitment

The Senate withdrew into a closed session at the request of lead Government Senator Godwin Hulse, and returned approximately fifteen minutes later insisting that the motion was out of order. But Senator Courtenay maintained that the result was what they had wanted: for the record to record the injustice done to the N.G.O. community and […]

Godwin Adamant: “Don’t Care” About Ministers Recommending Visas for Unknowns

The Ministry of Immigration and Nationality, headed by Senator Godwin Hulse, and in particular the Immigration Department, has been on the permanent hot seat for several months now. This is in light of the revelations made in the Auditor General’s Special Report issued in May of 2016 and made public three months later. The Minister […]

The Arbitration Bubble Will Burst, Courtenay Warns

The U.S. Supreme Court refused to hear the Government’s appeals against arbitration awards upheld in lower courts in Washington, D.C. earlier this week. Caribbean Investment Holdings Limited and Belize Social Development Limited are claiming between them one hundred million dollars in judgments handed down by the London Court of International Arbitration – judgments in which […]

G.O.B. on to Puerto Azul – They Failed the 5-Point Test

Finally today, government spoke of the international hoax that is the multimillion dollar Puerto Azul tourism development project. It was endorsed by the G.O.B., particularly by the Minister of Tourism Manuel Heredia Junior and Minister of Economic Development, Erwin Contreras.  The proposal to construct a seven-star, exclusive resort on Northern Two Cayes and Sand Bore […]

Hulse Says Government Hasn’t Decided on Reaction

Should government apologize internationally for openly backing a fraudulent endeavor which promoted the Blue Hole and other aspects of the World Heritage Site as the principal attraction for tourists?  According to Hulse, much thought hasn’t been given to that notion, neither did government consider dismissing the proposed project altogether when the investors failed to produce […]

15-Year-Old Jaheem Mahler Ruthlessly Killed

The latest victim to fall to the vicious cycle of crime in the south side of the city is only fifteen-years-old. Jaheem Mahler, a student, was riding his bicycle on Iguana Street Extension when he was targeted. As many as nine bullets found their mark on the young man, who from many accounts is not […]

Deputy Finance Minister Says Negotiations Continue on Superbond

The committee of creditors for the Belize 2038 Bonds or Superbond’s outright rejection of the Government’s first offer for a drawn-out period of interest payments at reduced percentage followed by three “bullet” principal payments has not surprised many. But apparently, the Government itself is not fazed, following the tough negotiations that took place in 2012 […]

Opposition: Prime Minister Got It Wrong

Leader of the Opposition John Briceño, however, has a different take. He says that he is not surprised that the bondholders would reject the proposed restructuring of the superbond because PM Barrow failed on his commitments in the terms of the 2012 superbond restructuring agreement.  Briceño says the Barrow Administration guilty of mismanagement, incompetence and […]

When Will Higher Taxes and Retrenchment Come?

According to Briceño, the prime minister failed to take note of the stipulations of the 2012 superbond agreement, which states that if government was to default, it has to pay an eleven percent penalty on the five hundred million plus U.S. dollar debt. Briceño says that would cost Belize an additional hundred million dollars. The […]

Opposition Leader Points Fingers at G.O.B. on Puerto Azul

Turning to the scandalous Puerto Azul scam which continues to unravel…the Minister of Tourism Manuel Heredia Junior, who along with the Minister of economic Development, were fetted at the Cannes Film Festival when the luxury project was launched is travelling and no one on government would speak on how crooked investors were able to hoodwink […]

Ruth Meighan Speaks to Senate Committee; Can’t Explain Triple Dip in Immigration

The sitting of the Senate Special Select Committee on Immigration continued today in Belmopan. Current C.E.O. in the Ministry of Transport and National Emergency Management Ruth Meighan, a career public officer, appeared before the Committee on Immigration. She appeared without legal representation. Meighan was grilled on activities during her tenure as Director of Immigration, from […]

Why Permanent Residency was Another Entryway into Immigration Scandal

The senate select investigation into the Immigration irregularities exposed another foray into the murky world of Belizean immigration through the issuance of permanent residency. A hard-and-fast rule that was nonetheless broken with apparent impunity was the required one-year residency for non-Belizeans. But former Director Ruth Meighan insisted that her review of the various files brought […]

The End of Puerto Azul; Chief Developer Arrested in Italy for Massive Fraud

The controversial Puerto Azul project was a scam from the get go. It was launched at the 2014 Cannes Film Festival in France, where Ministers Manuel Heredia Junior and Erwin Contreras travelled for the grand event along with other high profile personalities.  It came crashing down this morning when, financial police in Varese, Northern Italy, […]

No to Superbond 3.0! Bondholders’ Advisor Explains Why

It didn’t take the Bondholder Committee appointed last week more than seventy-two hours to say no to Belize’s offer for a restructuring of the terms of the 2038 U.S. Dollar Bonds or the Superbond. The committee today called the offer “premature,” considering that it seeks consent from a committee who will not give it and […]

The Solution to Fixing Superbond is More Complex for Bondholders

The Committee is not advocating a particular solution, preferring to negotiate with Belize on the basis of debt relief in the medium-term. It wants a strong and credible medium-term program of fiscal and structural adjustment to promote economic growth and reduce crisis risk; and reasonable mechanisms to assure that the adjustment program will be delivered. […]

P.M.’s Threats of Economic War over Arbitration May Haunt Belize

Will Prime Minister Dean Barrow’s words in the House of Representatives on Friday, threatening “economic war” if Caribbean Investment Holdings Limited and Belize Social Development Limited attempt to collect on arbitration awards upheld by the U.S. Supreme Court for more than fifty million U.S. dollars by seizing Belizean assets, come back to haunt him? While […]

Glenn D. Godfrey Wants His Forty-Four Million Pound of Flesh

On the heels of three arbitration awards upheld by the U.S. Supreme Court last week and a fourth involving the Belize Bank still making its way through the U.S. court system, the last thing the Government wants to hear about is further litigation. But that is exactly what it faces from Glenn D. Godfrey’s G.D.G. […]

13th Senator Speaks on Disappointment of Freeze-Out

It’s been one week since the N.G.O. community voted overwhelmingly in favor of Osmany Salas to represent its membership as the thirteenth senator.   While an official appointment is pending, the inaugural meeting of the Senate for 2017 has been scheduled for this Thursday, one day ahead of the Commencement Order taking effect.  In light of […]

N.G.O. Act Has Nothing To Do with Swearing-In

While the N.G.O. community is fully aware of government’s position to amend the N.G.O. Act, it maintains that the N.G.O. Amendment Bill has nothing to do with the swearing in of the thirteenth senator on January twentieth.   Osmany Salas, Senator-Elect “We don’t see what is that urgent that can’t wait a couple days.  So […]

Second Grenade Recovered in 12 Days from Southside

For the second time in twelve days, the Police Department has removed an American type fragmentation grenade from south side, Belize City.  On Saturday, the police were tipped off about the location of the live grenade. Bomb expert and B.D.F. Commander, Brigadier General David Jones was called in to retrieve the grenade from Lake Independence […]

57 Pounds of Cocaine Recovered in Ambergris

San Pedro is primarily known as a premier destination for tourists from across the world and is visited by hundreds of thousands of visitors annually. But there is a flipside to La Isla Bonita because north of the island is also known for illicit activity. The trafficking of large quantity of drugs, primarily cocaine in […]

Was Lords’ Bank House Fire Deliberately Set?

A home was completely destroyed by fire before midday today. The persons who lived at the home weren’t there at the time of the fire. While Police and Fire Officials have not classified the cause of the fire – best information to us is that it may have been intentionally set – a report that […]

G.O.B. Will Proceed with Pitts-Vega Compensation Case

Attorney General Michael Peyrefitte assumed office on January first, several days after a claim had been filed against businessman Andre Vega and U.D.P. insider Sharon Pitts.  Legal action is being taken by the Government of Belize against those individuals in an effort to recover almost one million dollars that was disbursed in two sums of […]

The Legal Year Opens with New A.G. and Bar Prez But Same Problems

The 2017 opening ceremony of the Supreme Court took place this morning; the proceedings started with a service at the historic Saint John’s Cathedral after which the judiciary and Bar members headed to the other equally historic building, the Supreme Court on Regent Street. After the pageantry of the inspection of the guard of honor, […]

Attorney General Settling into New Office

The transition from Speaker of the House of Representatives to Attorney General has been a work in progress for Michael Peyrefitte.  He formally took over that government department at the beginning of January, when outgoing Attorney General Vanessa Retreage demitted office.  Since taking over that responsibility a number of high profile cases have landed on […]