While we were questioning the Prime Minister on another topic, he brought up the issue of the Titan Securities case for which his government has been ordered to pay almost 9 million dollars in damages to Rohn Knowles and Kelvin Leach.
He said that he mentioned it to one of the financial regulators to make the point that Belize is not sitting on its hands in trying to combat money laundering:
Hon. Dean Barrow, Prime Minister
"I was at pains to point out to Secretary Lew much we in fact do cooperate. How much we are part of the global infrastructure that sees things like mutual legal assistance, treaty signed with the US. How much we act upon their request when they say that went documentation or they want people in this jurisdiction dealt with against whom they have indictments pending and that in doing so we from time to time get into trouble such as has happened with Titan whereas judge has ordered us to pay almost 9 million dollars in consequence of trying to cooperate as part of the international system. He did make the point that they too from time to time get judgements in which they don't agree. And we left it there."
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