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PM Says Says BISL’s Former Lawyers, Now Ministers Not Involved in Settlement
Wed, August 24, 2022
And after the House Meeting, the prime minister committed to ensuring that all the agreements made during the settlement will be made public. And while 38 million US dollars is a hefty amount for any government, Briceno celebrated the fact that there will be no surprise fees. He also addressed the concerns regarding the conflict of interest as it related to Courtenay and Coye law firm's involvement in the case. That firm represented BISL in court up until 2020.

Hon. John Briceno, Prime Minister
"We would make everything public, we just had to come to the House first. We're going to give you the first agreement that was signed, the second, the third. We are going to make everything available to the public for them to look. We have nothing to hide. The point that I like to make is of the $38.25 billion US, of which 11 and a half billion is going to be paid in Belize dollars, is is final and that's it. We don't owe them anything. They are not going to come later, oh you owe me court fees, lawyer fees. That's it. We will settle there. From our end, we have not received the bills from from Dr. Ben Rossovich Senior Queen Counsel and and also from Hallmark Advisory from what I understand and I need to get more clarity. I don't think we're going to get a bill from them. They just want it to help to settle this, did this issue and felt that it was, you know, we just had to do trying to save money for the Belize people."

"Whatever Belize Bank and Morgan and Morgan want to be pay Courtenay and Coye or anybody, that is their business, that is being paid out of the $38.25 million US. As I said, it's final. And what I can tell you is that Courtney and Coye did not participate in the settlement. They participated in going to court up to 2020. But since we've come into office, they had no participation in this and Minister Courtenay walked out at midday before this issue came up to Cabinet and Minister Coye was out of the country with his family."

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