7 News Belize

Half A Million Stolen From Treasury
posted (April 16, 2015)
Almost half a million dollars has been fleeced from the government treasury - and according to the Prime Minister, it was done by officials playing games with account numbers. He told the media today what is known so far about the scam:

Prime Minister Dean Barrow
"There is some official or officials who ran some sort of scam in terms of legitimate payments for particular accounts changing account numbers while perhaps retaining the name. It seems initially the bank's only concern that the account number that was given, did in fact exist. What the FS (Financial Secretary) told me was that basically it was the bank or one of the banks that eventually realize that there was a mismatch between the particular name and the particular account number. When the Financial Secretary spoke to me, he did say that it appeared that it could be as high as half a million dollars. The police feel that there is more evidence they need, at least up to Tuesday, before arrests or an arrest would take place."

In her recently released report on the years April 2001 to March 2012, the Auditor General also found irregularities in the Government's accounts - we'll tell you why she gave an adverse opinion.

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