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A three-judge panel of the Caribbean Court of Justice (CCJ) this morning advised attorneys representing Dunkeld International Investments, The B.T.L. Employees Trust and the Government of Belize to work out with all possible speed the settlement of the amount due from the government to the former shareholders of Belize Telemedia. Otherwise the court will step […]
The Government has said that the tribunal divided the award into a forty-sixty ratio; forty percent of the total representing the non-Accommodation Agreement portion and sixty percent representing the Accommodation Agreement portion. But government’s interpretation is that the lion’s share of the total figure is owed in Belize dollars and can only be spent to […]
It was left to Senior Counsel Denys Barrow to defend Government’s actions. He explained that Government assumed that whatever was left in the second payment would be sufficient to cover the value of the accommodation, but it is not turning out that way. Now government is on the hook to pay the first fifty percent […]
There were differing views on whether the Government can adhere to paying the remaining portion of the award due to Dunkeld in U.S. dollars, and should have paid the first instalment in Greenbacks. As we previously reported, the Central Bank’s Governor, Glenford Ysaguirre, wrote Financial Secretary Joseph Waight on July twenty-second, reporting that, “The Dunkeld […]
But the concern over the cash crunch is real for Financial Secretary Joseph Waight, who confirmed that Government must borrow further to complete the second payment for the B.T.L. Arbitration Award – one hundred and fifty million dollars more. Joseph Waight, Financial Secretary “The unfortunate thing is that we have to borrow the money […]
On Monday, thousands of teachers demonstrated in Belmopan in their Stand Up For Belize Campaign. Among the many national issues ventilated was the Auditor General’s report on the Immigration Department and the bullying by Guatemala in the Sarstoon. But the rally was also triggered by G.O.B.’s proposed deferral of the final salary adjustment of three […]
Across the country, some schools were opened, but classrooms were empty and in other cases, the buildings were closed for the day. Still yet, we found students at some schools, but there were no teachers. Minister Elodio Aragon Junior believes that the protest has a rippling effect. Elodio Aragon Jr., Minister of State, Education […]
The last time we spoke with the Commissioner of Police, Allen Whylie, he was asked about the case on accused murderer William “Danny” Mason. Whylie’s response was that it was just another murder case. But there is another matter on Mason that keeps popping up. The accused murderer has told attorneys that he received multiple […]
Written on September 20, 2016 | Posted in
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Kris Staine has been identified as the off-duty police constable that fired a shot in the air as the carnival road march was coming to an end on Saturday afternoon. Carnival goers scattered in fear for their lives on Princess Margaret Drive. PC Staine was immediately taken into custody, his licensed nine-millimeter pistol retrieved and […]
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The Government continues to deal with the third and final tranche of salary adjustments, which it has asked to be deferred until next year as a result of damages caused by Hurricane Earl. The figure government has provided is a fifteen-million-Belize-dollar increase on recurrent revenue. Financial Secretary Joseph Waight explains the reason for the proposed […]
While we had the Financial Secretary on hand, he was asked critical questions on the state of the Belizean economy and the ever-expanding debt obligations that Belize must meet. His answers were terse and stark, to say the least. Waight provided the latest estimates of damages from Hurricane Earl, which struck Belize on August third, […]
Written on September 20, 2016 | Posted in
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The so-called “Superbond” was restructured in March of 2013, a year after Prime Minister Dean Barrow won a second term mainly on his pledge to do so. It’s now been three and a half years and so far, Belize has made all its interest payments. But beginning about this time next year, according to Financial […]
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Last Tuesday Cabinet caved in and the Prime Minister announced the government was prepared to support a senate select inquiry into the Special Audit Report of the Auditor General on the Immigration Department. The change of heart from its initial push for a bicameral investigation came after various social partners as well as the public […]
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Cabinet minister Elodio Aragon Junior was also asked today about the Immigration investigation. He told News Five that at last Tuesday’s meeting, all ministers agreed to the senate select inquiry. And that the public hearings will expose any misdeeds by both political parties. Elodio Aragon Jr., Minister of State, Education Youth, Sports & Culture […]
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The August tenth decision of the Supreme Court on Section Fifty-Three of the Criminal Code has led to some gay couples becoming more open about their domestic disputes and going to court. Thirty-four year old Jason Belisle Garcia was read two counts of common assault on Maurice Middleton and a count of damage to property […]
Written on September 20, 2016 | Posted in
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There was a fatal accident involving an officer attached to the British Army Training and Support Unit Belize, BATSUB. Police visited the Dream Light Nightclub at mile one and half on the Phillip Goldson Highway on Sunday morning where they found a Ford F-one-fifty pickup truck, registered to the British Forces. Under the vehicle was […]
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A wide assortment of musical instruments was handed over to the National Youth Orchestra by the Korean Government this morning at the Bliss Center for the Performing Arts. There are steel pans, a piano and harp, but also a bassoon which will further complement the inventory of equipment. The Director of the National Orchestra says […]
Just at about the same time that Korea was making that donation, the Police Department was also receiving a significant contribution. Four businesses teamed up to provide the department with a brand new vehicle to be deployed in the fight against crime. News Five’s Duane Moody has that report. Duane Moody, Reporting Today, the […]
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On this anniversary of Independence Day, we go back to that glorious day in 1981 when Belize became a fully fledged nation. There were official parades and the hoisting of the first Independence flag to replace the Union Jack. The first Governor General took office, royalty arrived and the skies lit up with fireworks at […]
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