PUP selling out Belize’s Oil To Family, close Friends and cronies.

The objective of the Global Village News Line is to disseminate information that are harmful to our people and to their future, so you be the judge to this Case “Belize Government”

For those of you who are not familiar with the country of Belize, it was once known as British Honduras but in 1981 obtained it's Independence from GB. Since then this small country has faced numerous transformations with development but encounter constant battles with corruption.

PUP More Corrupt Than Ever and Getting Worst PUP selling out Belize’s Oil To Family, close Friends and cronies. Thursday, 18 October 2007 Download the Letter from Lagoon Resource to Said Musa Download the ZMT PSA Download the BCH PSA Download the Lagoon Resource Agreement $aid Musa's Version of the Map of Belize As election approaches the current PUP are apparently going for the kill, trying to hustle last minute sweet deals for their family and friends. Polls have been showing the increasing unpopularity of Said Musa and the PUP administration, mainly due to outright corruption and robbery. Like a zebra with its stripes, so are the PUP's -full of corruption, deceit and lies. Coming to light this past week were two production sharing agreement for BCH and ZMT International, one registered in the British Virgin Islands and the other in Panama. However, they are local, the signatories are principals Antonio ‘Tony’ Zabaneh and Mike Duncker - two PUP businessmen from Independence Village. Additionally Zabaneh is the husband of the Speaker of the National Assembly. The agreements are for blocks 15 and 16. That same block 15 had been optioned to a company called Lagoon Resources Limited. But it never was exercised and Lagoon Resources Limited was cheated out of what had been promised. Information coming to freeBelize.org indicates that Johnny Briceno ( former Deputy Prime Minister of Belize) is allegedly one of the owners of the Dunker Group and made available the PSA bid terms so they could offer better terms and subsequently be awarded the PSA. However, that same block 15 was awarded to ZMT International, government agreed to far less than what Lagoon Resources Limited had offered. According to the PSA, Tony Zabaneh will pay 1.5% on the first 25,000 barrels; 2.5% on the next 25,000 barrels; 5% on the next 25,000 barrels. On the other hand Lagoon Resources Limited at 30,000 was going to pay 40%. When you get to 50,000, Tony Zabaneh will pay 7.5% In a letter from Lagoon Resources Limited it states “ We have learned that Minister Johnny Briceno is an owner of the Dunker group and he made available our PSA bid terms to them. We find this to be an outrageous abuse of political power and a clear case of restriction of free trade between the United States and Belize.” It goes on to further state “ We believe that Minister Johnny Briceno acted unilaterally to restrict free trade between the United States and the country of Belize, that Johnny Briceno further acted in his own personal interest to redirect the award of these blocks to local associates of his with the express intention of personal financial gain. These actions cheat companies in Canada, Belize and the US, but more importantly cheat the Belizean people out of an opportunity to achieve energy independence.” As Said Musa and the PUP term comes to an end, they have been going on a wide spread stealing spree. Taking anything they could get their hands on before they get elected out of office. The PUP’s have no intentions on changing, they have proven to be wrong in the past and wrong for Belize’s Future. Last Updated ( Thursday, 18 October 2007 ) by FreeBelize.org

Note from GVnews Line: Up to date no one can give account of the financial status of Belize's Governmental ministers. It is alleged that some ministers have healthy bank accounts in foreign countries. We appeal to those organizations who investigate corruption to take time to look into the financial status of Belizean ministers.

Copyright The Global Village Newsline 2007