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Dec 30, 2010

Belize Citrus Mutual speaks out against Henry Canton’s removal

Dr. Henry Canton

Henry Canton was terminated as the Chief Executive Officer of the Citrus Products of Belize Limited at an extraordinary meeting of the citrus growers on December eighteenth. Canton has maintained that the process was flawed. Today the Belize Citrus Mutual concurred with Canton, saying that the shareholder’s agreement signed between the Citrus Growers Association and Banks Holdings is a legally binding document that requires the concurrence of at least two Directors from Banks Holdings and at least two-thirds of the Board of Directors for decisions to be made.  Belize Mutual, which is comprised of former CGA members, also says that the resolution to remove Canton cannot be implemented and that it would be illegal since it seeks to undermine and violate the investment agreement made by the shareholders. But the group went further, asking the Prime Minister to intervene and help resolve the issue, which they say is “irresponsible, dangerous and threatening” to the industry.

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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6 Responses for “Belize Citrus Mutual speaks out against Henry Canton’s removal”

  1. Earl Grey says:


    JUST ASKING……………………

  2. BZNinCALI says:

    Irresponsible, dangerous & threatening to who? The man who was told to deliver the bad news, did his job. Someone killed that messenger & no one has been arrested. You were looking when you found this job, you have a doctorate, you have connections, take the high road. Belize has enough lawyers with nothing to do, if your contract is enforceable, file a lawsuit, let the courts decide.

  3. Josie says:

    Government should not intervene in these type of situation. The industry and it’s board members and shareholders need to resolve their issue. They are acting like a bunch of children. GROW UP PEOPLE AND GET MOVING WITH THE BUSINESS OF THE DAY AND TRY TO KEEP THE ECONOMY GOING.

    and Earl Grey, I have no idea who might have killed Mr. Morris I went to school with him and also worked with him at DFC, he was a cool guy but I cannot believe things has come to this in Belize GREED AND LUST FOR POWER

  4. louisville,ky says:

    Josie, you said a mouthfull when you mentioned ,’greed and lust for power’. Greed causes people who appear on the surface to be honorable to be less than such when the status quo becomes uncertain. Could it also be that because the citrus industry was started by Mr. Canton’s grand father in law,he feels a sense of entitlement? The kind of support he is getting from his father in law at citrus mutual makes me think so. Take my foolish advice Doc, cut your losses and walk away and salvage what’s left of your dignity.

  5. Steve says:

    CGA CEO “Henry Anderson” is a bluff, he knows share holders don’t call the shots in a company its the Board of Directors. CGA shareholders vote was NOT valid and cannot do !@#$ to CPBL. Only Board Members can get rid of Canton. If shareholders doesnt like how the company runs they can only sell their share and get out, they dont make decisions.

  6. citrus picker says:

    I can’t believe that steve is such an a$$. Shareholders own the company and they run things. Canton and his cohorts have CPBL set up like this for their own benefit. Open you eyes and see what is happening, this has nothing to do with CGA CEO. And It was not CGA shareholders who voted it was CPBL shareholders all 51%. Banks say the meeting was illegal…so why did they show up to participate in an illegal meeting. The world know that that meeting was totally legal….so Canton scoop up the last bit of dignity you have and get the hell out!!!

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