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Senate hearings on SSB begin in Belmopan

The first hearing in the Senate Select Committee investigation of possible financial and procedural irregularities involving Social Security funds was held today at the National Assembly building in Belmopan. Chairing [...]

Central Bank chief explains financial transactions

Next to take the hotseat was Governor of the Central Bank, Sydney Campbell, to walk the Senators through the securitization process as well as to explain the Bank’s role in [...]

DFC boss defends lack of due diligence…

Intimately involved in the securitization process with the Social Security Board was the Development Finance Corporation. Today, its Chief Executive Officer, Troy Gabb, appeared to answer questions from the panel [...]

…and faces questions about Cayman company

But perhaps the most interesting fact disclosed by CEO Gabb was the revelation that during the securitisation process the mortgages were handled by a company registered in the Cayman Islands. [...]

Jilted wife sought in Lord?s Bank murder

Shakespeare’s adage about scorned women was amply demonstrated in the Ladyville suburb of Lord’s Bank last night as a jilted lover’s hellish fury has left her ex-boyfriend dead. News 5′s [...]

Cayo robbers escape after shootout

An armed robbery near Benque Viejo has resulted in a shootout with police. Around eight Tuesday night police responded to a report of a robbery in progress at the Casa [...]

Kidnapped drug runner convicted in New York

Belizean George Herbert, who was kidnapped by Belizean police officers and turned over to the U.S. government, has been convicted on four counts of conspiracy to import cocaine. The verdict [...]