7 News Belize

PM’s Says Ashcroft Letter "Revealing"
posted (July 31, 2020)
And so while the Prime Minister is closely watching things at the Port of Belize, it seems Michael Ashcroft is closely watching him.

Today, when asked to respond to Ashcroft's cautionary letter about nationalising the Port, the PM seemed to revel in Lord Ashcroft's response to his suggestion of a possibly port takeover:

Rt. Hon. Dean Barrow- Prime Minister
"My God, did it produce a rise out of the good Lord Ashcroft. He really was provoked and perhaps he said more than he should have. A matter for him, I will leave that judgement for him to make. But we are enlightened as to the structure governing the administration of the port. Inquiring minds have long wanted to know who owns the port. As far as we are concerned it is still the Port of Belize Limited. The Port of Belize Limited is in receivership but the receivership doesn't own the Port, doesn't own the assets. And when this man starts to talk about if we were to do anything about the port and warn us that the nationalization of the Port of Belize Limited would give rise to a claim under the UK-Belize bilateral investment treaty. But they don't own the port. So, what are they going to claim? That we have deprived them of the ownership of something that they don't own? This man needs to be careful."

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