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Apr 16, 2015

Half-A-Million Dollars Missing from Treasury!

Dean Barrow

Following his political announcement, the PM spoke to the media on a myriad of issues, including one very recent and serious discovery. Auditors and the police have been called into the Treasury Department to investigate an inside scam which netted perpetrators somewhere in the region of half a million dollars – allegedly diverted when persons paid monies into their various accounts through the Treasury. According to Prime Minister Barrow, the situation was brought to his attention on Tuesday by Financial Secretary Joe Waight.


Prime Minister Dean Barrow

“There’s some official or officials who ran some sort of a scam in terms of legitimate payments for particular accounts, changing account numbers while perhaps retaining the name. It seems initially the banks were only concerned that the account number given did in fact exist. What the FS told me is that basically it was the banks, or one of the banks, that eventually realized that there was a mismatch between the particular name and the particular account number. So it was the banks or a bank which first, as I understand it, sounded the alarm. I don’t have the figure. When the Financial Secretary spoke to me, he did say that it appears that it could be as high as half a million dollars. That was on Tuesday. I haven’t spoken to him since them. The Police are involved. The Police feel that there is more evidence they need, at least up to Tuesday, before arrests or an arrest would take place. That’s as far as I know. I’ve been in Belize City yesterday and today and no doubt by later today or tomorrow the FS will give me an update.”

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4 Responses for “Half-A-Million Dollars Missing from Treasury!”

  1. MNHG says:


  2. Rod says:

    More of the poor people money in the pockets of this thieving udp gov. Are you belizeans really so stupid that you want to vote in this corrupt thieving pm and gov. Again because if you do then you deserve anything you get period.

  3. De says:

    And what’s newsworthy about this? This is the UDP way. This is what the kettle do after they finish cursing the pot. This is what to be expected under a Dean Barrow lead dictatorship! This is why they fire folks and put their family and friends in the positions. Just follow orders and when the shit hit the fan we will nominate a scapegoat.

  4. Timber says:

    This sort of things will continue to happen anytime you have incompetent political appointees in key positions, especially the likes of Treasuries at Central Bank. Treasury still using paper vouchers and records, storing in boxes where roaches eat them up. I worked part time as a boy still in high school from 1980 and nothing has changed.

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