Portico Says They Did Not Hide Definitive Agreement from Public

The Definitive Agreement was signed on October first, 2020, in Belmopan. But why was the signing of the document not made public? That was one of the questions posed to David Gegg during today’s senate inquiry. He responded by saying that Portico Enterprises Limited had nothing to hide, adding that mischief makers are pushing that narrative.

 

 

David Gegg, Developer, Portico Enterprises Limited

“I was told it could be signed on such and such a date. I came to Belmopan, and it was signed.”

 

 

 

Kevin Herrera, Senator

“Was there any press release or any type of public statement that day?”

 

 

 

 

 

David Gegg

“I don’t think there is a press release for any sort of definitive agreement that was signed by any minister of this country. It was never something that is publicized. This Definitive Agreement became scandalous because certain individuals wanted to get it out there and make it scandalous. There are a lot of agreements in the country that we hear nothing about and seek no information on because it is none of our business.”

 

Kevin Herrera

“Was there any request that this be placed under wraps?”

 

David Gegg

“I am glad you asked that because the suggestion has constantly been that we chose to hide it and that is totally not true. BTIA had a full day function in Belize City, and I think it was in May 2022. I was invited to make a presentation as well Dr. Dione Chamberlin on behalf of the Port of Belize and Mr. Feinstein on behalf of Stake Bank. Dr. Chamberlin and I showed up, Mr. Feinstein did not. On that day in my presentation, I said publicly that we had a definitive agreement that had been signed on such a day and we had environmental clearance that had been signed a year before. I did not try to hide the fact that we had a definitive agreement. Other mischief makers out there were alluding to the suggestion that it was being hidden. We don’t go out there and hang up our documents to the public.”

 

Kevin Herrera

“Were you promised by the current administration that they would be taking legislation to parliament?”

 

David Gegg

“Yes, as they are obliged to do through the definitive agreement. The agreement speaks to the fact that they are obliged to do that.”

Kevin Herrera

“Were you taken a back that the Cabinet meeting turned out as it did?

 

David Gegg

“I was taken a back by the fact that it took them so long to do something, then yes I was taken aback when I heard the results of it.”