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Feb 10, 2012

S.S.B. board receives findings of audit on insider trading

The board of directors of the Social Security Board, led by chairperson Lois Young, met this afternoon in Belize City. The board received a report from the auditors from accounting firm Pannell Kerr Forster on their findings in respect of an insider trading scandal involving C.E.O. Merlene Bailey-Martinez.  Martinez, who has been suspended from her post since January eleventh, was part of an orchestra of employees who reduce their housing mortgages to below the fifty thousand dollar threshold to qualify for a government write-off.  News Five understands that while the board of directors received the report, its members were not able to fully peruse the findings.  Another meeting is scheduled for Monday when it is expected that a decision on the future of Bailey-Martinez will be taken.

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4 Responses for “S.S.B. board receives findings of audit on insider trading”

  1. insider report says:

    People inside the SSB have started to leak out documents. Here are some of them proving that this goes higher

    http://www.dafk.net/what/

    set the info free…

  2. Storm says:

    EVERY person who puts his hand in the Jewel’s cookie jar MUST GO TO PRISON!

    Every crooked deal like this is stealing scarce public money. I’m tired of thieves in public places!

  3. Initiate! says:

    Nice one there “insider report” lol

  4. ME and you says:

    I strongly agree with STORM, the curious thing is that we have to start since the beginning, guess it would be important that we start with the main ones. Our laws are to weak to put in jail the ones that have us in debt of around 2.2 Billion dollars, this are the real thieves, the others are minor thieves.

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