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Jul 11, 2019

Dean Oliver Barrow Could Never Been Charge with ‘Any Kind of Civil Fraud’

Dean Barrow

His name is Andris Pukke and he is the felon who orchestrated the Sanctuary Bay real estate scam which has Prime Minister Dean Barrow, ministers and other high ranking officials in a most embarrassing situation.  According to the Federal Trade Commission, Pukke is a convicted felon who also used the aliases Marc Romeo and Andy Storm, and placed ads on Fox News to attract retirees. Pukke and his associates promised U.S. investors lush pieces of land along with several amenities in southern Belize, but only ten percent of the lots bought by investors over more than fifteen years were ever developed. During those years, Pukke was even indicted and served prison time in connection with a separate get-out-of-debt scheme.  Pukke, however, continued to direct the Belize fraud from jail, despite assurances from his cohorts to investors that Pukke was no longer involved.  More than twenty-five other people and entities are named in the civil complaint, including Sanctuary Belize principal, Luke Chadwick, and Atlantic International Bank Limited.  The F.T.C. filed a civil claim against A.I.B.L., alleging that the bank assisted and facilitated the Sanctuary Belize scheme—a claim which the bank has denied.  A.I.B.L. requested to be liquidated and in June, the F.T.C. filed documents alleging that government officials were involved in the scam. The document also alleges that the Central Bank of Belize was warned of the fraud, but ignored it.  On Wednesday, Prime Minister Dean Barrow called a press conference to do damage control in light of the damning allegations that also extended to his law firm. He denied and shot down the allegations, saying there was and could never be an allegation of civil fraud against him.

 

Prime Minister Dean Barrow

“There have been no allegations against me, the Governor of Central Bank or the government of Belize except in a document filed for the purpose of resisting the application of the liquidator to move the proceeding s in the U.S. into Belize. I am telling you they needed to establish for the court in the U.S. you are not to do this because the Belize jurisdiction is flawed. So it is in that context. Do you see my name in any complaint? Have you looked at the actual complaint brought by the F.T.C.? The Government of Belize does not appear. The Governor of the Central Bank does not appear. There is no suggestion at all in terms of the actual charges if you will brought by the F.T.C. that I or any member of the government could be involved in any wrong doing. As to what was filed for the purposes of resisting the bankruptcy application, tell me where is the seriousness of the allegations? That I met with these people when I didn’t? That they would have presented me with a wish list when they didn’t? That there was a white paper that I was given when it wasn’t? That they would have asked for favors when they didn’t? What is it? That is what I am telling you. The Government of Belize was never charged with any civil fraud. The Central Bank was never and could never be charged with civil fraud.  Dean Oliver Barrow certainly was never and could never have ever been charged with any kind of civil fraud. So this is just gone by the waist side. The settlement is really to get the jurisdiction, the other banks that as I said would want to purchase and auction the portfolio of A.I.B.L. in the clear to know that we are free of the F.T.C.”


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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