Sunday, October 10, 2010
The Belize Times
1
LIAAD! “NOT TRUE”, SAYS BANKERS. SUNDAY OCTOBER 10, 2010
Issue No. 4714
$1.00 www.belizetimes.bz www.pup.org.bz
T he Unanimous opinion of bankers across the land is that Dean Barrow lied yet again when he told the Nation that his law firm works for the borrowers when it does banking work. Reeling from the exposure that he is earning thousands of dollars from the Belize Bank, whilst at the same time pretending to be waging a war in the national interest, Barrow tried to the defend the indefensible. He told Channel 7’s Jules Vasques that it was Belizeans who borrowed money from Belize Bank who requested that Bar row & Williams perfor m the paper work for their mortgages. Phone lines lit up instantly, and howls of laughter could be heard in living rooms – it was yet another of Barrow’s bare-faced lies. The Belize Times contacted the management of the Belize bank to inquire whether there is any truth in what Barrow said. A senior manager
said that Bar row was incor rect – “Barrow and Williams is retained by the Bank, not the Borrowers.” According to this banker who did not want to be identified, said he did see the interview, and that he immediately knew that Barrow was lying to the nation. He pointed out that the Prime Minister’s law firm is regularly consulted by the bank and receives opinions on different matters. He also pointed out that local newspapers have many advertisements where property is being sold by the bank, and barrow and Williams is acting for the bank. See page 3. Several PUP businessmen contacted this newspaper to dispute Barrow’s statement. In fact one said he had actually requested that Barrow’s law firm not do the mortgage document when he borrowed more than a million dollars from the Belize Bank. He was told that “Barrow & Williams is our (Continued on pg. 3)
UDP wants to politicize UDP again allowing major human trust fund: BNE says NO trafficking ring to operate in Belize
The Belize Natural Energ y Charitable Trust Fund was established in 2003 to fund social projects around the country. It is co-managed by Belize Natural Energy and the Government of Belize and the chairmanship, which has a casting vote since each entity is represented by three representatives on its board of directors, is rotated every two years. Each year it invests close to $1 million in its charitable projects and since its establishment, it has been a fairly smooth operation. Just last month, however, a board meeting ended abruptly and in discord when the
BNE's trustees stormed out, and they have not returned since. One of the bone of contention and the catalyst to the discord may be that the BNE Charitable Trust's General Manager, Deborah Sewell's contract expired on September 30th, and while the company representatives want it renewed, the government representatives want to replace her. Sewell has claimed publicly that on September 29th the Chairman, Orlando Burns, who is a government representative, gave her a letter one day before her contract expired informing her that the government's representatives were not willing to renew her contract and that the position she held would be advertised. When she inquired what the problem was, Sewell said she was told that there was no reason, but that the board can replace her if they desired. But while the internal bickering continues until the issue of the post of General Manager is sorted out, Sewell says many institutions whose projects have been approved and who have been waiting for the assistance, are again on hold, at least for the time being. Many of (Continued on pg. 3)
A deep-rooted lucrative immigration scam was exposed this week, creating another black eye on
the Government of the Day. The hustling, which is said to have been (Continued on pg. 3)
Murder toll reaches 100 for 2010 - armed robberies continue to plague Belize The death toll from murder for just this year 2010 to date remained at 99 for several days - until today when an early morning shooting on West Collet Canal claimed the life of a young vegetable vendor. The victim, Carlos Sucuqui, a 20 year old originally from Guatemala, had migrated with his family to Belize when he was only a baby. At the age of 12, after
completing his primary school education at the Salvation Army Primary School on Orange Street, he started to help his family earn money by selling fruits and vegetables. It was an occupation that he continued until today, when his life was abruptly cut short by a gunman who shot him at close range. (Continued on pg. 35)
"No watch me watch yo self!"