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Jul 3, 2015

LICU Speaks on GM’s Administrative Leave

Ena Martinez

On Thursday, News Five brought you footage of a protest held in Orange Walk Town involving the La Inmaculada Credit Union. Actually it surrounded the removal of General Manager Yolanda Gomez, who was placed on administrative leave in early May. The protesters claimed that after two months, they had not gotten any explanation for the action taken by the Board of Directors, and since they all are shareholders, they demand information. That information came late Thursday evening in the form of a statement by Chair of the LICU Board of Directors Ena Martinez. 


Ena Martinez, Chair, Board of Directors, LICU

“A handful of the close friends and families of Mrs. Gomez participated in a small protest across from our offices in orange Walk Town. We wish to remind our members that we are currently investigating some of the actions and decisions that were taken by Mrs. Gomez at the institution. Currently both the Central Bank of Belize and the auditors are reviewing information that we have provided to them. Once the review is completed by the various departments, our attorneys will advise us accordingly. We understand that this should be completed soon. We believe in full accountability and we will come to our membership as soon as the investigation is completed. The Board takes its mandate very seriously and every action taken is always for the best interest of our membership and our staff. We are pleased to report that we have reviewed our performance from April first, 2015, to June thirtieth, 2015, and we continue to enjoy our usual impressive growth thanks to the unwavering support and patronage of the thousands of our members who have visited our office for this first financial quarter.”

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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1 Response for “LICU Speaks on GM’s Administrative Leave”

  1. Why says:

    Let me remind Chair of the Board, Ena Martinez, that family to Mrs. Gomez or not does not make those who participated in the protest any less of a member and owner of the la Inmaculada Credit Union. I am not a family member and I am disappointed to see one of the best General Managers of our Credit Union being treated in such a distasteful manner. What is more sad is to see the union operate as if it is a private business. The Credit Union is for the members and hence the members have the right to know what actions the board is taking and why. The board does not act anonymously to the favor of minority as it is doing today. I strongly believe that if the board simply has a personal vendetta against keeping Mrs. Gomez as the manager, then they should at the very least honor her many years of dedicated and honorary service to the Members of Orange Walk La Inmaculada Credit Union. She has been there for many of us through the good and bad times, and does not deserve to be terminated in such an ungrateful manner and most certainly not by the hands of a few who that were given the privileged to represent us members at the board.

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