Belize - Belize News - Channel5Belize.com - Great Belize Productions - Belize Breaking News
Home » Featured, Trials » Belize Bank’s Attorney Warns ‘Heavens Will Fall’ If G.O.B. Does Not Honour Debt
Dec 6, 2018

Belize Bank’s Attorney Warns ‘Heavens Will Fall’ If G.O.B. Does Not Honour Debt

Belize Bank’s Attorney, Senior Counsel Eamon Courtenay today warned the Government that the ‘heavens will fall’ if it does not honour the multimillion-dollar UHS debt which goes back to 2004.  Day-two of the case on the UHS debt concluded this evening in the courtroom of Chief Justice Kenneth Benjamin. The Belize Bank Limited has been fighting ‘tooth and nail’ to collect the tens of millions of dollars owed by the Government of Belize. The Belize Bank Limited has offered the government a settlement deed, and as we reported on Wednesday, Financial Secretary Joseph Waight was ordered by the Chief Justice to discuss the offer with the Minister of Finance, Dean Barrow. The government’s attorney, Doctor Ben Juratowitch, read a lengthy paragraph, responding to the question. Basically, the offer was rejected and Courtenay describes the answer as a total disrespect for the court and called on the government to honour its debt before an order is made for the arrest of the Prime Minister.

 

Eamon Courtenay

Eamon Courtenay, Attorney

“The government came with what I would describe as a disingenuous explanation today and I told the court that the government was not respectful with the court. It was not frank with the court. It was not honest with the court in its answers and I hope that the Chief Justice treats their answers with the contempt that it deserves. The point is this: this is a case where the bank used monies of depositors. This is the money of Belizean people deposited at the Belize Bank. Whatever politics the government wants to play with this, it is depositors’ money that has been lent. And therefore where the court says pay back this money the government must pay it back. The litigation is at an end. Be honourable. Be respectable and perform your duty. I hope that between now and eleventh of January when the decision is given that the government will take a what I would describe a refined and enlightened view, and do the right and proper thing and not force the Chief Justice to have to decide whether he is going to make an order against the Minister of Finance. It is unnecessary. My client has said they’re prepared to sit down to accept payment installments, to accept payment over time so it can be worked out.”

 

Reporter

 

But at a certain point you can’t get blood out of stone if the government continues to be what you all called intransigent, what then happens? You can’t seize the reef or the sovereign assets of the country and you cannot imprison the Prime Minister, practically.

 

Eamon Courtenay

“Why can’t you imprison the Prime Minister? Is he above the law?

 

Reporter

“Absolutely not but I am saying in practical terms, who would arrest the Prime Minister?”

 

Eamon Courtenay

“Chester Williams. Is he afraid of the Prime Minister?”

 

Reporter

“I am sure he is afraid of no man.”

 

Eamon Courtenay

“Well then there we have it. The point is that we are being funny about a very serious matter. So what I am saying that whatever personal feelings maybe between Mr. Barrow and Mr. Ashcroft, whatever personal feelings maybe between any entities between them, the court has spoken and we must honor and respect the courts. If not the heavens will fall.”

Be Sociable, Share!


Viewers please note: This Internet newscast is a verbatim transcript of our evening television newscast. Where speakers use Kriol, we attempt to faithfully reproduce the quotes using a standard spelling system.

Advertise Here

Leave a Reply

CAPTCHA Image
*