The Financial Intelligence Unit has been much in the news recently with its investigation into Elvin Penner after the Citizen Kim Scandal. But now that is one of more than 50 unfinished investigations that former Director Marilyn Williams left for her successor when she demitted office on December 31st.
Williams, who led the office for five and a half years, has moved on to private practice where she has taken over the office of the ailing Lionel Welch – who, according to reports, is terminally ill. Williams has been in his office in Dean Street for about a week now, while former commissioner of income tax Eric Eusey was appointed as the new FIU Director on January first, 2014.
According to an official release, Williams gave notice in September 2013 that she would not be applying for a renewal of her contract, which expired on 31st December 2013.
Williams' tenure is seen as having brought the FIU into its own, increasing from a staff of 3 to 16, and implementing various pieces of legislation to bring Belize's financial regulations in line with post 9/11 requirements. She also famously secured Belize's first money laundering conviction.
The FIU is responsible for investigating and prosecuting financial crimes relating to money laundering and terrorist financing.
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