Six teachers at St. Paul’s Anglican School in Corozal have submitted a formal request for a financial audit following concerns they have raised about the management of inheritance funds received by the institution.
In a letter dated December 3, 2024, addressed to Principal Nancy Aguilar, the teachers claim there are inconsistencies in the reported amounts. According to them, while staff were initially informed that the inheritance totaled $21,000 BZD, a later report referenced a first tranche of $41,000, and a second amount of $87,872.34.
“We are tired of fighting an uphill battle,” the teachers wrote in their letter. The teachers are demanding full disclosure of financial documents and transparency in the management of the funds.
The teachers have requested transparency and access to financial documentation. Their letter, which News 5 has reviewed, was also sent to Jeremy Cayetano, General Manager of Anglican Schools, who has stated in a written response that the matter is being handled by the appropriate church and legal authorities. He said, “There are no matters being swept under the rug, and any insinuation that this office is not doing its due diligence could be libellous.” She added, “No ultimatum or threats made against an administrator in our management… will ever be honoured.”
She confirmed that the inheritance funds “will remain frozen until the entire matter has been ventilated” by those authorities.
News 5 has learnt that an “independent audit” is already underway and is expected to be completed by June.
The Ministry of Education has yet to respond to requests by News 5 for comment. Meanwhile, the Ministry has indicated that, “if a school receive an inheritance it’s a matter for the school and the board to manage, to see what’s happening there.”
On May 6 2025, News 5 contacted Aguilar for comment, but she declined to speak officially. She referred all questions to her lawyer or to Cayetano. Cayetano also declined an on-the-record interview when contacted that same day, stating only that the matter is being handled internally and confirming that an independent audit is currently underway.
At the time of reporting, the matter is under formal review by church and legal authorities.