PUP Leader: $3.1 million paid to Montero family for land compensation

BBN Staff: Yesterday at a press conference, PUP Leader John Briceno told the media that friends and relatives of UDP ministers were highly compensated by Government of Belize (GOB) for lands that had to be bought back by government for public purposes.

Briceno noted that Minister Rene Montero‘s family received at least $1.3 million in land compensation.

The Leader of Opposition showed documents to the media that showed that agreements were signed between 2009 and August of 2011 and that persons reportedly purchased the land back in 1998 but were compensated for it by GOB 13 years later.

“Yvette Montero got 7 acres of land 6 miles north of Ambergris Caye, she paid $3,080. Minister Vega, the Deputy Prime Minister [at the time] approved it through the Ministry of Finance and agreed to compensate Yvette Montero $245,000. Miguel Montero got 10 acres again northwest of San Pedro for $4,400, as well as 4 acres of land 4 miles northwest of San Pedro for $1,760, and 20.13 acres of land at Prevassion Enclave in the Mountain Pine Ridge for $4,428. For those 3 parcels of land Miguel Montero was compensated $721,000.”

“The Montero family collection amounted to $1,778,352 and to add salt to injury as you would say, they were given 7 percent interest from the date of acquisition.”

“So when you combine everything, the interest is approximately $1,369,331,” Briceno told the media.

Briceno further noted that Cabinet knew about these transactions from day one and that PM Barrow needs to get rid of Minister Montero from his Cabinet.

“He has to do something because if he doesn’t do anything, then the Belizean people are going to start to say -maybe you are directly responsible for what has been taking place under your watch,” Briceno added.

 

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