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Jul 19, 2011

Lord Michael Ashcroft says Belize Bank uses Barrow and Williams

The last time we interviewed Lord Michael Ashcroft was back in February 2009; that was before Telemedia was first nationalized. He hasn’t been to Belize since then and we had not heard from him at this station until this morning when we interviewed him, live and direct from Miami in a candid one hour interview that touched a range of hot button issues. As you know government has locked horns with the biggest investor in the local economy over a myriad of issues.  Litigation has been endless and millions of dollars have been spent by the government in the constant battles in local and foreign court rooms. But in the case of Telemedia not a penny has been paid to Ashcroft in compensation and instead, government went back to court four weeks ago to fix the acquisition of the telecoms after a ruling from the Court of Appeal.  On Open Your Eyes, Ashcroft touched on this and a slew of other issues, including the continuous battle with the government, the investment climate and his perspective going forward. Ashcroft also confirmed that the Belize Bank still retains the law firm of the Prime Minister for legal representation.

Lord Michael Ashcroft

“The law firm on a number of transactions has done a good job over the years and so I think the bank take the view that there’s no necessity to change. But perhaps what is ironic is between Barrow and Williams, which of course the prime minister has an interest in and Lois Young as his ex-wife is they have received from my group of companies, millions of dollars in legal fees until, of course, this administration came in to power a couple of years ago.”

Marleni Cuellar

“And now they continue to use the services of Barrow and Williams?”

Lord Michael Ashcroft

Lord Michael Ashcroft

“Yes, I understand for a certain amount of work that the bank does, they use the firm.”

Marleni Cuellar

“How does it make you feel when the prime minister calls out other persons like Marcel Cardona for receiving the scholarships, other persons who have some sort of relationship with companies associated with you?”

Lord Michael Ashcroft

“Well it’s all part of the political rhetoric. It’s all part of the cynicism of politics. I once said in the context that I can tell when a politician is lying is when his lips move and I’ve seen a lot of lips moving in the last few years.”

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10 Responses for “Lord Michael Ashcroft says Belize Bank uses Barrow and Williams”

  1. saythrtrue says:

    the g.o.b is only fulling there pocket.so that when they come out of power they can live happy ever after.the prime minister and his 2 wifes.

  2. REGGIE says:

    NOT ONLY IS THE PM TAKING MONEY FROM THE POOR .BUT HE IS STILL TAKING FROM LORD ASHCROFT.IT JUST SHOW GREED.SO WHO IS HE FOOLING?LOOK AROUND THE WORLD MOST OF THE TIME WHEN WE HAVE ONE OF OUR OWN IN POWER THEY STEAL AND RUN AFTER THEY LOOSE POWER NEXT PAPA DOC.HIS SON MIGHT BE BUILDING A PLACE FOR HIS FAMILY IN THE PROMISE LAND.DID HE EVER GIVE A SCHOLARSHIP TO ANYONE OUT OF HIS POCKET?THE MONEY HE BUY SHARES WITH IN B.T.L. HE COULD HAVE HIRE ABOUT 1000 NEW GRAD.BUT HE JUST USED THE MONEY FOR HIS FAMILY PERSONAL GAIN.

  3. Justice says:

    Everyone knows how shallow Barrow is. It is all about his ego, his ex wife, his children and his family! He enjoyed the millions before and wants more. Greedy choke puppy!

  4. me says:

    NOW NOW NOW. IMAGINE THAT . DEAN BARROW RUNNING DOWN CARDONA IN THE HOUSE TO ADMIT THAT HE GOT A SCHOLARSHIP TO STUDY SO AS TO SMEAR THE MAN THAT HE WORKING OR IS TAKING UP FOR ASHCROFT. A MEAGER SCHOLARSHIP TO WHAT HE MADE OFF THE MAN. WHAT A DEVIOUS MAN THIS BARROW IS. WHEN WILL HE STATE IN THE HOUSE THAT IT WAS ASHCROFT THAT HE MADE MOST OF HIS FORTUNE OFF?? WHO IS THE ONE THAT MADE MILLIONS OFF ASHCROFT? MAKES ME REMEMBER THE SAYING “YOU BITE THE HAND WEH FEED YOU”. TYPICAL BEHAVIOR THOUGH.
    BARROW IS SO FULLLLLL OF EEEEGGGGGGOOOOOO. MISTA MAN PLEASE BE A LEADER AND NOT A BREGINALITY. ASHCROFT, COME SHED SOME MORE LIGHT ON DEANO PLEASE.

  5. Concern Citizen says:

    Barrow needs to GO !!!!!!!!!!! I cant believe I voted for you so DISAPPOINTED in your actions…. your a ………

  6. RAMIR says:

    Marcel Cardona supposedly received a STUDENT LOAN, which he later paid back to Ashcroft’s Belize Bank. There is no DISHONOUR in having received a LOAN (which has to be repaid) from The Belize Bank Limited, as thousands of Belizeans have done some time or the other. But there is plenty of DISHONOUR in the DISHONESTY, DECEPTFULNESS and HYPOCRISY of the Prime Minister on the one hand having Lord Michael Ashcroft as his VERY IMPORTANT CLIENT, who has earned him MILLIONS upon MILLIONS of DOLLARS in the past, and continues to EARN him MILLIONS in legal fees paid to the Prime Minister’s Law Firm Barrow & Williams, and at the same time, fattening his EX-WIFE LOIS YOUNG BARROW and his daughter DIANNE BARROW from the ALMOST 5 MILLION DOLLARS in Legal Fees already paid to the Law Firm of Lois Young Barrow & Co. in the past 3 years of this UDP Government! Now that is DECEPTFULNESS and HYPOCRISY to its highest level…. Barrow is such a disappointment to most Belizeans…. Perhaps it is HE (DEAN BARROW) who should disclose to the House of Representatives HIS PERSONAL FINANCIAL INTEREST (DIRECT or INDIRECT) in the matters pertaining to BTL and Lord Michael Aschcroft…. If he could FORCE Marcel Cardona to DECLARE his interests, why should he not do the same???

  7. me says:

    AND THE THING IS HE KEEPS SMEARING JOHNNY AND HIS FAMILY AS WELL BECAUSE OF SPEEDNET. THIS BLOOMIN MAN. SO ONLY HE AND HIS FAMILY CAN MAKE MONEY OFF ASHCROFT AND THAT IS ALL WELL AND DONE? BARROW GET REAL! YOU ARE OUR LEADER BREDDA, BE A LEADER MISTA MAN. WE WATCHING YOU AND WITH KEEN EYES AS WELL. THING IS HE CAME ON THE SCENE LIKE HE IS SO IMMACULATE. ERROR FREE. YOU MAKIN A BLUNDER OF THINGS BARROW. TIGHTEN UP. FANCY WORDS NO DI CUT IT ANYMORE. WE SEEING YOUR TRUE SIDE. WE NO FOOLISH NO MO BREDDA. LEAD AND STOP WHINING. LEAD MAN, LEAD.

  8. happy in north carolina says:

    Like they’ve said I a promise is a comfort to a fool. Sean barrow has been like this way in back in time. He full of greed, puff up in pride and selffish. He do not care about you people, families first then Maybe you later. That why i can say i never did vote for none of these people all they say lets make promisies to all my people.

  9. Audrey Matura says:

    He is being modest abotu how much millions – even more modest is that he is not revealing how mcuh millions he gave Dean in campaign financing – This does not mean he did not give the PUP more – but the man now believes all our leaders are bought and paid for – I told Dean not to take money from Ashcroft and for guardian newspaper to continue exposing him for what he is but the money was too good I was ignored and so i walked away but the party was happy to take his money – we surely need campaign financing laws! I wonder why none of the parties ever pass these and why the constitution is not being amended to ensure this! Money talks and bull***walks!

  10. Shafane says:

    Thanks girl! You said a million but please do not forget the handsome amount that was given to Boots Martinez and Finnigan. The man is a financier. These guys say a whole heep but what they should say they do not. Records, statements and their run dog says a million on the streets. Have fun while it last

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