Previous Thread
Next Thread
Print Thread
DataPro property is now BTL’s says Musa #20370
01/16/06 11:49 PM
01/16/06 11:49 PM
Joined: Oct 1999
Posts: 71,964
oregon, spr
Marty Offline OP

Marty  Offline OP
DataPro property is now BTL’s: PM Musa
by Adele Ramos-Daly

BELIZE CITY, Wed, Jan. 11, 2006
“Nothing illegal has happened” with SSB-Glenn Godfrey transactions

On Wednesday, January 11, we had a rare opportunity to ask Prime Minister, Hon. Said Musa, about a number of current issues. One of them was a recent report that he had ordered the transfer of Glenn Godfrey’s DataPro property to the Belize Telecommunications Limited (BTL).

We had first reported on the story in the Sunday, January 1, 2006, edition of Amandala, in the article titled, “P.M. Musa orders transfer of DataPro to BTL.”

According to P.M. Musa, the transfer is complete and the transfer of two other Godfrey properties to BTL is in progress. Still, Central Government is out at least $12 million.

Musa told us that GOB would “sue” to try to recover the remaining funds.

“We have to look at all the assets that are still available and go after them,” he told us.

He said that Government recently paid $1.8 million to meet Northern Data Pro defaults; this is on top of US$5 million that GOB lost in the Antigua Overseas Bank due to defaults by Godfrey affiliates last March.

Our understanding is that the DataPro property, which Musa said has been transferred to BTL, was assigned to Social Security and not to Central Government, and there are questions as to the legality of the PM’s order. In fact, a Supreme Court case on the same matter is still pending, and currently slated to be called up on Tuesday, January 31.

As we had reported, the transfer without a court order is contrary to legal advice from Social Security’s own attorney, Shoman and Chebat.

Today we asked P.M. Musa what was his rationale for ordering the transfer without a ruling from the court.

He told us: “Initially, the legal advice was that we had to get a court order, but when further research was done into it, because of the type of title that it was and because of the type of mortgage clauses, it gave the SSB the authority to transfer the title without having to get an order. At least that is the legal advice that I received from the Solicitor General [Elson Kaseke], and based on that, I gave the instruction.”

Below are more excerpts from that interview:

Amandala: Why is it that it is Central Government doing this, and not Social Security ordering the transfer?

Musa: Because Central Government is ultimately responsible to pay if there is a default, not SSB.

So has the transfer [of DataPro] been effected?


So DataPro now belongs to BTL?

That part of it that had the Intelco assets, yes.

That’s the 14.47 acres?


What about the other properties that were advertised in the newspapers?

Those are being transferred as we speak. In other words, the total 19 point whatever it is, under which mortgages were held, are being transferred to BTL and in turn BTL assumes the debt payments.

So does this mean that Social Security’s exposure with regards to those loans is settled?

Completely… Right!

So then, let’s say—you don’t want to pre-empt what the investigations are going to reveal—but let’s say again, it is found that someone has exceeded their authority in terms of doing these transactions. What legal recourse is there? Can they be reprimanded or punished?

I think the matter will be cleared up. I think there’s a lot of misunderstanding going on, including by certain members of the very Senate Committee. They don’t understand what really transpired and hopefully now that they have examined all the documents they will understand that nothing illegal has happened.

You can argue that maybe some bad judgments were made in terms of lending money on that type of security—insecurity, if you like—but in terms of illegality or criminality, from day one I’ve never felt that there’s been any.

Is Central Government still paying for Glenn Godfrey’s defaults, for any of the transactions?

GOB has made payment of $1.8 million, which, of course, we will try and recover now.

How do you go about recovering that?

Well, sue.

SSB’s attorney, Shoman and Chebat, published two notices dated October 28, 2005, in the Gazette of November 5, 2005, which indicated that SSB would sell two properties in 60 days. Those properties are: (i) 4,186.29 square yards of land near the junction of the Boom Road and the Northern Highway mortgaged by Aquarius Limited, and (ii) 22.872 acres of land near Mile 14.5 Miles, opposite the Boom cut off road mortgaged by Santa Cruz Data Processing Zone Limited.

The bone of contention is the DataPro property, totaling 14.470 acres. Our research has shown that since February 25, 1999, the land has been in the name of two companies - DataPro International Limited and Mile 13 ½ Company Limited, both registered at Godfrey’s law firm at 37 Regent Street.

The land, initially granted to Hipolito Castillo in1981, was transferred to Godfrey’s companies. It was first assigned to St. James National Building Society on March 1, 1999, then to Provident Bank and Trust, and back to St. James National Building Society in 2000. Then in March 2000, the land was assigned to the Social Security Board.

The Sol Gen contends that since DataPro defaulted on its US$8.9 million, SSB is entitled to sell the land even without a court order.

Re: DataPro property is now BTL’s says Musa #20371
01/17/06 06:27 AM
01/17/06 06:27 AM
Joined: Oct 2003
Posts: 2,461
Belize City
Katie Valk Offline

Katie Valk  Offline
Love the distinction between an illegality and criminality the PM has applied twice this week to his very dear friend Glen Godrey and former minister Max Samuels in referance to the exclusive contract Max awarded Novelos. Occurred to me a few days ago the PM is sounding more like a criminal defense attorney in interviews than a PM. Wha happen man? Had such high hopes for you.

Belize based travel specialist
[email protected]
Re: DataPro property is now BTL’s says Musa #20372
01/17/06 03:40 PM
01/17/06 03:40 PM
Joined: Nov 2002
Posts: 3,484
San Pedro
Sir Isaac Newton Offline
Sir Isaac Newton  Offline

Check out my site:
Re: DataPro property is now BTL’s says Musa #20373
01/17/06 05:40 PM
01/17/06 05:40 PM
Joined: Jun 2000
Posts: 1,157
San Pedro and Caye Caulker, Be...
silkpainter Offline
silkpainter  Offline
GG has certainly put the government in a pile of financial sh*t.

Portofino Resort- Now with a new BEACH BAR!!
Click for excellent scuba lessons with Elbert Greer!
Chaa Creek is an award-winning luxury Belize Resort, rated as one of the worlds best Eco Lodges. We are a pioneer in adventure travel to Belize since 1981!
Maruba Beach Klub and Spa is the premiere Secret Beach spa and restaurant located on the crystal blue waters of the Caribbean Sea at the center of Secret Beach, Belize
First Class Accommodations for the Budget Traveler
First Class Accommodations for the Budget Traveler

Things to do

Daily News
Daily Weather

Classified Ads
San Pedro Sun
Ambergris Today
SP Town Council
Channel 7
Channel 5
Love FM
The Reporter
TV Newscasts
Radio Stations

Click for our
Search thousands of Belizean-only websites

Event Guides
Event Calendar
Specials & Events
Things to Do
iTravel Belize
Paradise Theater
San Pedro Fun Finder
Paradise Guy Event Calendar
Cayo Event Calendar

San Pedro Scoop!
Tia Chocolate
My Beautiful Belize
I-Travel Belize
Belize Adventure
Belize Hub
Romantic Travel
Belize Happy Adventures
Conch Creative
Caribbean Culture & Lifestyle
More Blogs...
Search thousands of Belizean-only websites
White Sands Dive Shop - 5 Star PADI Dive Facility - Daily diving, SCUBA instruction and Snorkeling
Caribbean Inspired All Natural Condiments & Spice Blends, Over 100 are Gluten Free!
We manage a variety of homes, apartments, condos and commercial properties here on Ambergris Caye. Our minimum lease on ALL properties is six months.
Click for Ian Anderson's Caves Branch, Welcome to a World of Adventure
Lil Alphonse has snorkel equipment to fit anyone as well as Marine Park Tickets and flotation devices to assist those not as experienced.
Coastal Xpress offers a daily scheduled ferry run to most resorts, restaurants and private piers on the island of Anbergris Caye. We also offer  private and charter water taxi service.
1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
Cayo Espanto
Click for Cayo Espanto, and have your own private island
More Links
Click for exciting and adventurous tours of Belize with Katie Valk!
ShoutChat Box
Who's Online Now
0 registered members (), 65 guests, and 0 spiders.
Key: Admin, Global Mod, Mod
Forum Statistics
Most Online4,377
Dec 15th, 2020 HELP! Visitor Center Goods & Services San Pedro Town Message Board Lodging Diving Fishing Things to Do History Maps Phonebook Belize Business Directory Picture of the Day

The opinions and views expressed on this board are the subjective opinions of Ambergris Caye Message Board members
and not of the Ambergris Caye Message Board its affiliates, or its employees.

Powered by UBB.threads™ PHP Forum Software 7.7.1