7 News Belize

AG Says He Did It For Free, Not For Fees
posted (March 27, 2017)
And while they differ on the bond: the PUP and the UDP seem to agree on one thing: the fees related to the negotiating the bond is a prickly issue.  The Attorney General bristled at just the mention of it:…

Hon. Valerie Woods- PUP Senator
"It's very transparent in terms of what the holders committee will be paid- $2.7 million US dollars. Not so transparent when you look further down, what the outstanding fees, expenses and all the other fees related to the local advisers; what will those be paid?"

Hon. Michael Peyrefite- UDP Senator
"Me, Michael Peyrefitte collected, did not request, did not require a single dime not for the first restructuring that we did that I was a part of nor the second one that we did, that I was a part of. So when you talk about local advisers being paid, I am not one of those that was paid."

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