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Another Epic Legal Battle Between GOB & Belize Bank
Thu, July 17, 2008

And other epic legal battle is paying out in the Chief Justice’s courtroom and again the principals are the Belize Bank on one side and the government of Belize on the other. The Belize Bank is represented by British Q.C. Vincent Nelson and Andrew Marshalleck from Barrow and Company, while Lois Young Barrow and Priscilla Banner are representing the government.

It is epic because the bank is arguing that the Central Bank’s board of appeal appointed by the Minister of Finance– cannot be impartial because the minister appointed them. Of course, the question is if the minister cannot appoint such a board, then who else has the authority to do so? Arguments have been ongoing for two days but were abruptly adjourned today when government’s lead counsel Lois Young Barrow fell suddenly ill. Closing arguments for both sides are expected to continue tomorrow.

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