Posted: Thursday, April 12, 2018. 1:34 pm CST.
By BBN Staff: Belize Infrastructure Limited (BIL) issued a statement today saying that it dispels any notion that the Belize Civic Center Management Contract is in any legal breach of the laws of Belize.
BIL says that in response to the “baseless assertions in certain media quarters with respect to the Belize Civic Center Management Contract signed on March 19th 2018 with Apex Event Services – Belize, Ltd.”, BIL ensured full legal review and approval from the Office of the Solicitor General prior to final contract signing.
It strenuously takes issue with and dispels the political mileage sought that there is a requirement under or any breach of the Finance & Audit (Reform) Act.
The Finance & Audit (Reform) Act mandates requirements of the Government of Belize (GOB) when GOB borrows monies or when GOB guarantees as additional security for private entities in the event that they cannot make repayments to the banks, none of which is the case within the Belize Civic Center Management Contract.
BIL says that it will be publishing its project contracts on the BIL website, inclusive of the Belize Civic Center Management Contract, allowing full and fair access to the general public at large in who’s interest freedom of information shall best serve.
The BIL website www.bil.gov.bz will be launched and fully accessible on Monday, April 16, 2018.
Advertise with the largest and fastest growing audience in Belize ~ We offer fully customizable and flexible digital marketing packages. Your content is delivered instantly to thousands of users in Belize and abroad! Contact us at [email protected] or call us at 670-6397.
© 2018, 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.