That’s over a year ago and after several postponements of the judgment, the BTL Employees Trust, the front for the former owners of BTL, is demanding answers. In a press release obtained by PLUS News, the group says,
“It is almost five years since the nationalizations first began and no compensation has been paid [to] the Trust. In the meantime, massive interest is accruing on the compensation owed which Belizean taxpayers will also have to pay.”
If that warning wasn’t ominous enough, the release points out that it has now been five years since the first nationalization in 2009, which has been ruled unconstitutional by Belizean courts and now sits before the Caribbean Court of Justice (CCJ), which is likewise awaiting this decision so that it can hear both cases and issue a definitive ruling.
One of the three judges who heard the case is now no longer with the court and another’s contract expires in a month’s time. Because of possible legal issues we elect not to repeat the Trust’s contentions about this particular judge except to say that he is no stranger to controversy with regard to this case.