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The crisis over Telemedia is far from over; in fact it will be long-drawn-out and is likely to create more instability and uncertainty in the telecoms sector at home; while abroad huge consequences for foreign investment are expected. On Monday night Prime Minister Dean Barrow took to the airwaves and gave a chilling address to […]
One organization that has come out against nationalization is the Belize Chamber of Commerce and Industry. For that position taken in respect of the acquisition of Belize Electricity Limited, it was subjected to political blows from the government. It is now on the side of the rule of law, following Friday’s decision of the Court […]
The opposition, People’s United Party, meanwhile, says that in the paramount national interest of Belize, it urges both sides to arrive at a reasonable settlement to this “crippling dispute and the endless series of lawsuits and countersuits with the utmost urgency.” According to the P.U.P. in a release, the spill-off of this on-going conflict over […]
The government has been reacting with different interpretations to the ruling that declared that the acquisition of Telemedia was unconstitutional. On Monday the Prime Minister told News Five that the ruling could mean that the owners of Telemedia are entitled to compensation, instead of getting back the company. But according to Executive Chairman, Dean Boyce’s […]
The government is also claiming that there is no formal enforcement order from the Court of Appeal, giving Dean Boyce and his team the go ahead to reclaim their position in the company. Smith says, however, that the order is not necessary since the ruling was declaratory. He predicted this morning that PM Barrow is […]
Dean Boyce continues to operate his parallel Telemedia office, issuing correspondences as Executive Chairman of the company. Today he reacted to a statement made on Monday by Prime Minister Dean Barrow, to the effect that GOB will indemnify Telemedia employees and any parties that do business with the utility company at the instruction of the […]
Tonight’s question is: Should the Prime Minister ignore the ruling of the Court of Appeal and retain control of Telemedia? Send your comments and responses using your SMART phones to 8686 or post your vote on our e-poll at channel5belize.com. You can also send an email with your comments to questions@channel5belize.com.
Written on June 28, 2011 | Posted in
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The Fire Department headed to the Northern Highway around five thirty this morning after they received frantic calls from various persons. Raul’s Rose Garden, the famous brothel, was up in flames. All that was left by the time the flames consumed the interior of the concrete structure, was debris. And if you are wondering, the […]
Written on June 28, 2011 | Posted in
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A sizeable drug bust netting fifty-three parcels of cocaine was made on Saturday in the Stann Creek District. The police reported today that three Colombian nationals have been arrested and charged for drug trafficking and prohibited firearm and ammunition. They are Alberto Bedoya, Hernan Dario O’Quendo and Yeney De Jesus Echavaria Manco of Medellin, Colombia. […]
Written on June 28, 2011 | Posted in
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On Monday night we told you that the body of Anthony Trapp, a resident of Unitedville, was discovered after his sister reported him missing. Today a postmortem conducted on the body points to evidence that Trapp was murdered. A search party was combing the area on Monday afternoon and shortly before four Trapp’s body was […]
Written on June 28, 2011 | Posted in
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Turning to the other company that has been nationalized, that’s B.E.L. Chair of B.E.L., Rodwell Williams said on Monday that the financial package that the former Belize Electricity Limited Board executives were paid is estimated at two point seven million dollars. The Prime Minister has said that he believes that Lynn Young, the former C.E.O. […]
Written on June 28, 2011 | Posted in
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The package was paid to five senior managers as well as two Canadian engineers. The argument from the government controlled company is that Young’s decision to terminate the services of the executives was reckless and that the firings allowed for them to collect more monies than they would have had they resigned on their own […]
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When asked whether B.E.L. will consider legal action against the Government of Belize in light of the precedent that was set in the Telemedia nationalization, Young said that the legislation which was passed to seize B.T.L. from the Ashcroft Group in 2009 was initially created to wrest B.E.L. from private ownership. While Young is uncertain […]
Written on June 28, 2011 | Posted in
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A delegation of eight Special Olympics athletes are in Greece, making their debut in the Summer Football Games, which started on Saturday. Team Belize played its first game today against Indonesia and claimed its first victory. According to the head coach, Andy Aspinall, nerves got the best of the athletes early in the game and […]
Written on June 28, 2011 | Posted in
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A resident of Rancho Dolores Village was set on fire and left to die on December thirty-first, 2008 and his common-law-wife is now on trial for Murder. Veola Elvira Pook has been behind bars since January, 2009 and her trial finally started on Monday before Justice Herbert Lord. The evidence began to unfold today when […]
Written on June 28, 2011 | Posted in
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Northern bus operator, Froylan Gilharry, filed for a judicial review of the revised bus schedules, claiming that he lost all his profitable runs. That matter comes up on July twenty-first, but in the meantime, Gilharry also requested a stay of execution of the new runs which were implemented last Sunday. Supreme Court Judge Oswell Legall […]
Written on June 28, 2011 | Posted in
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