7 News Belize

Injunction Blocking Enforcement of Ashcroft Alliance Judgement Lifted
posted (June 8, 2017)
In other news relating to government's many legal battles with the Ashcroft Alliance…. For months we've been reporting on the injunction taken out by the government of Belize to block the Ashcroft Alliance from collection of a US court judgment for 50 plus million US dollars. Well, LOVE FM reports that Chief Justice, Kenneth Benjamin has lifted that injunction - which means the Alliance can move for enforcement. But today, The Financial Secretary put on a brave face and said there are still many more battles ahead to settle that case:...

Joe Waight, Financial Secretary - GOB
"Lifting of the injunction will allow the process to start. Remember there is the Supreme Court, then there is the court of appeal and ultimately there is the CCJ. I imagine a matter like this would go all three stages and ultimately it comes down, can the government pay and in what currency. Its early days yet. Indeed the lifting of the injunction is basically removing a barrier that the government try to put, but we are not anywhere close to a final resolution of this matter."

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