Posted: Monday, September 14, 2015. 2:43 pm CST.
Monday, September 14, 2015. Aaron Humes Reporting: After batting away questions at the previous announcement of the settlement with Fortis International over Belize Electricity Limited (BEL) concerning whether it would serve as a template for a similar settlement over Belize Telemedia Limited, Prime Minister Dean Barrow is announcing such a settlement at a press conference at the Belize Biltmore Plaza Hotel this afternoon.
Six years ago the nationalization of BTL took place in which Government acquired shares in the company, provoking multiple rounds of legal challenges which have presently landed in the Caribbean Court of Justice (CCJ), which had heard the case last year and was preparing its judgment for later this year. This is now moot.
We will have further details later.
Аdvеrtіѕе wіth thе most visited news site in Веlіzе ~ Wе оffеr fullу сuѕtоmіzаblе аnd flехіblе dіgіtаl mаrkеtіng расkаgеѕ. Yоur соntеnt іѕ dеlіvеrеd іnѕtаntlу tо thоuѕаndѕ оf uѕеrѕ іn Веlіzе аnd аbrоаd! Соntасt uѕ аt [email protected] оr саll uѕ аt 501-601-0315.
© 2015, BreakingBelizeNews.com. This article is the copyrighted property of Breaking Belize News. Written permission must be obtained before reprint in online or print media. REPRINTING CONTENT WITHOUT PERMISSION AND/OR PAYMENT IS THEFT AND PUNISHABLE BY LAW.