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PM To Chamber: “What duplicity, what hypocrisy, what dishonesty”
posted (November 30, 2017)
And while the Bank is keeping its cards close to its chest, the Prime Minister didn't hold back even a little with the Chamber of Commerce. They put out a release yesterday chastising his administration for what the chamber calls "reckless legal gambling." The chamber urges against what it calls, quote "deliberate defiance of the country's highest court." and warns parliament, quote, "a 'no' vote may score political points, but will not erase the liability brought upon Belize by two governments."

So they paint the PUP who secretly undertook the guarantee for UHS, and the UDP who watched the interest grow - with the same dirty stick.

And that doesn't sit well at all with Prime Minister Dean Barrow. He says, quote, "amazingly and against all logic, reason and good sense, you chastise the UDP for (1) 'its reckless legal gambling' in refusing to pay the illegal PUP guarantee and loan note; and (2) its 'costly litigation' in resisting the effort of 'the investor' to collect."

He continues, "What duplicity, what hypocrisy, what dishonesty on your part…the Chamber (together with others) that first went to court to challenge the PUP guarantee and loan note. So, it was right for the Chamber to resist, and win, but not right for the UDP to do the same after "the investor" got an international award? A foreign award that was resorted to by "the investor" precisely because their deal had been struck down by our courts. And since, according to your crassly revisionist position now, the UDP should have paid this illegal PUP debt, allow me to ask when that should have been done. Were we to pay after our Supreme Court said the whole deal stank? Or should it have been after our Court of Appeal said the same?

You and the public would have had our heads if we had ever done that."

And that's not the end of the rant. The PM continues, quote "...perhaps your contention is that we should have stopped resisting and caved as soon as "the investor" got the international arbitration award. That, of course, would mean that you are so anti-nationalist and colonial, that you would have had us cut and run merely because foreign arbitrators had come to a conclusion different from our two local courts." End quote.

But it isn't all just a tongue lashing, the PM says, quote, "We do concede that the end of the judicial road having now been reached, your strong point of view that the 90 million should be paid is an arguable position to adopt."

But to that, the PM adds a peppery rejoinder: "Thus, only one last question for you: in view of your principle would you agree to recommend to your membership an increase in taxes on the business sector to raise the moneys for what you now see as a debt of honour?"

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