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BTL Re-nationalized Print E-mail
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Written by Administrator   
Thursday, 07 July 2011 00:00

Amidst thunderous applause and overwhelming support both inside the national assembly and outside as well as countrywide the Prime Minister, Honourable Dean Barrow re-acquired Belize Telemedia Limited in the interest of the Belizean people.


In addressing the National Assembly, the Prime Minister explained that the move was to ensure that BTL remains in government’s control in the public interest. He added that the actions were prompted as a result of the ruling by the court of appeals on Friday June 24th. He said that while the government did not agree with the ruling, the new law would address the deficiencies which the judges of the court of appeals found with the first law which was used to acquire BTL the first time around on August 25th 2009. Even so the PM made it abundantly clear that, “we do not agree with its decision. We are therefore filing an appeal to the Caribbean Court of Justice.”But while the appeal goes through it is important that BTL remains in the hand of the Government and people of Belize hence the reason for the reacquisition.