AmbergrisCaye.com Home Forums About Belize Nation GOVERNMENT TAKES FIRST STEP TO RENATIONALIZE BEL

interesting that the top dog at the C of C is ALSO a director at FORTIS.

There was a press release from the Government Press Office yesterday. It is a response to the Belize Chamber of Commerce's almost unhinged condemnation of the BEL acquisition yesterday. And like the Chamber's release, it is no-holds-barred.

It says that, quote, "The Chamber took such extraordinary liberties with the facts that Government feels obliged to both correct and condemn the Chamber." It states that "The suggestion that there was an abuse of Parliamentary procedure in the summoning of a special sitting of the National Assembly, is patent nonsense." It then turns to the so-called promise of twenty days that the Prime Minister gave to BEL to come to a decision. The government release states that "there was never any such promise, and in all the circumstances.To have waited longer would have been playing Russian roulette with the national interest."

Referring to how the acquisition affects the national debt, the release adds that "Government was already guarantor to BEL's liabilities and so would have had to assume the debts in any case because of the imminent default."

The release stresses that Chamber President Kay Menzies was also a Fortis director and closes with a flourish, saying "the Chamber's rant puts it on the wrong side of Belizean public opinion and the wrong side of Belizean democracy."

http://www.7newsbelize.com/sstory.php?nid=19936

The entire Chamber voted on this and Kay disclosed in advance her position on the board, nothing no one in Chamber did not already know. Kay Menzies and people like her are part of the solution and are the ones who will move this country forward, inspite of either UDP or PUP. We who know Kay, have kilowatts of respect for her.