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Nov 2, 2011

Francis talks Accommodation Agreement

While that loan has been haunting the past administration, the highly controversial accommodation agreement signed in 2005 between the Musa Administration and B.T.L. has become the albatross on Francis Fonseca’s neck. Now that he is the leader for the opposition, it will surely be used for political mileage.  This morning Francis Fonseca clarified his role in the agreement and the reasons why it was necessary at the time.

Francis Fonseca, Leader of the Opposition

Francis Fonseca

“I think the accommodation agreement is one of those issues where the facts have gotten lost in all the propaganda and the politics, if you like. The facts are that I was not a party to the accommodation agreement, I did not execute the original accommodation agreement. I got involved with the accommodation agreement as the Attorney General of Belize because a legal dispute arose between the parties who had signed the accommodation agreement and as Attorney General, that dispute came to my desk.  It was a part of many complex legal battles taking place and very expensive legal battles taking place between the government and the owners of B.T.L. at that time. And we had to sit at the table and what we came up with at the end of the day—the accommodation agreement had already been signed.

The prime minister felt at the time and as the attorney general, I supported his position that a negotiated settlement of this matter would have been in the best long term economic interest of Belize. Mr. Barrow has been faced with the same problem, complex legal battles with the owners of B.T.L.  His path was to expropriate the property and he has sought now to legitimize that expropriation by nationalization. We did not at that time feel that that would have been the proper course to take, that that would have not been in the long term interest of Belize.  The fact is we had a very complex, serious problem that was dragging down the Belizean economy and we had to find a solution to that. It was in fact dragging down the work of government. This government, the U.D.P. government has done nothing but focus on B.T.L. for the past four years and you see how everything else has fallen apart. The crime situation, the education system is falling apart. Everything else has been neglected because they are focused on this legal battle and we did not want to see that happen so we tried to find the settlement. Whether you like it or not, the fact is it was done in good faith and I can say absolute certainty, the prime minister Mr. Musa and myself have benefitted in absolutely no way from that agreement. It was not illegal, it was not improper and we did not benefit in any way from that agreement. We were trying to find a good faith solution to a real problem that Belize was facing at the time.”

We’ll have more on Francis Fonseca’s appearance on Open Your Eyes on Thursday’s newscast.

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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.

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4 Responses for “Francis talks Accommodation Agreement”

  1. Lucas says:

    Francis; do not let that scratched C.D. called the accomodation agreement distract you. I as an Independent, and I talk for many, have put this matter behind. We are ready to move on. Therefore, I will tell you what I never said to Johnny nor would ever had said to Mark: LEAD AND WE WILL FOLLOW.

  2. latinos del norte says:

    you are so right lucas!!! we say “adelante con francis fonseca, y el p.u.p”.

  3. louisville,ky says:

    Lucas; so you have put the $40 million debt behind you. Oh really? You think, ‘e blow over juss like wahn lee breeze tu? If it is such a trivial matter, why don’t you just go ahead and repay it then. What, are you a silent part owner of the health clinic too? Dede di tink Belize pipple figet. Sit back and see the wapping they have in store for Mr. Francis.
    With the recent lack of leadership at the top, why did Said Wilbert not rise to the occasion? You know why…….just as he set up Francis in that infamous accomodation agreement, he is once again setting him up as cannon fodder for the Belizean Electorate. People, continue the punishment!!
    Francis, the less you say about the accomodation agreement, the better, because in talking about it, you put yu foot straight down yu throat. One spell you were brought in on the discussion already under way as AG, next spell,you are signing the thing. And don’t be mudding the water and bringing up the aquisition of BTL. Those are two completely seperate issues but, we can talk about that too if you like. Fool di talk, but da noh fool di listen

  4. Lucas says:

    Louisville: The accomodation agreement is one thing and the forty millions plus is another. I am sure you read my opinion in response to what Dean said in regards to the promisory note which you will find in this news edition. However, let me remind you that the 40 millions plus counting has been hitched to us by no other than Dean himself. If I owe the bank a hundred dollares but tells me: man; just give me fifty and forget the rest. You would think I am stupid if I do not take the deal, wouldn’t you? But if later I come and take the fifty dollares back from the bank, is not the bank entitled to its’ original hundred dollares? and wouldn’t you say what a stupid moron I am?. Well, the bank took twenty millions and closed the deal but Dean took it back from the bank and now thanks to Dean we owe forty millions and counting. So, what do you think about that? By the way, I am a taxpayer and so, yes, I am paying for it and no, I am not a part owner. By the way, I have never set foot and hope never to do so in that hospital.

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