Can the Briceño Administration Be Held Liable For Decisions Made Under Former PUP Leadership?

The Prime Minister also responded to a legal threat sent by Lord Ashcroft. The Chairman of Waterloo Investment Holdings Limited, Michael Ashcroft, recently wrote a letter to PM, John Briceño, stating that representations were made by a former PUP Government for the approval to forge on with the PBL expansion back in 2002. The letter goes on to point out that because some of the shareholders of Waterloo are UK nationals, the PBL expansion project is protected under the Agreement between the Government of the United Kingdom of Great Britain and Northern Ireland and the Government of Belize for the Promotion and Protection of Investments (UK-Belize BIT). Today, we asked PM Briceño if there is any truth to that claim, and if so, will GOB under his administration be held liable? Here’s how he responded.

Hon. John Briceño, Prime Minister of Belize: “Whatever other governments did that’s their business. We do want Port of Belize to be modernized and renovated and to be fixed, there’s a lot of work to be done from the pier who has long lived its lifespan so that has to probably be redone or fixed or get a new one, we have to modernize the removing of the containers from the ship to ground, we have to do more digitization, we have to fix the warehouses there’s a lot of work to be done and I’m hoping that whosoever is the owners I don’t know presently if it’s Waterloo or if it’s the bank or who it is whosoever is the owners that they will be ready to do the necessary investment.”