Posted: Friday, December 8, 2017. 11:07 a.m. CST.
By BBN Staff: BBN had previously reported on the ongoing saga between public officers and the Public Service Workers’ Trust.
The source of the dispute goes back to the years 1995-1997 when then Prime Minister, Manuel Esquivel underwent a salary increment freeze for public officers and teachers.
To compensate for that matter, the Government of Belize had given those nearly 600 officers shares in BTL which have now ballooned to millions.
However, the workers’ trust had secured those monies and used it in a loan program to public officers.
The matter came up last in court this week, however, attorney for the trust, Anthony Sylvestre, said the public officers didn’t have their way in court.
According to him, the public officers wanted the court to shut down the trust in so much as preventing them from using the funds for the loan programs.
Additionally, they wanted the trust remove the current trustees and have a reselection by the public officers.
However, according to Sylvestre, the public officers received none of what they requested.
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