Sunday, October 17, 2010

Western Oil Business BNE TRUST a Charitable Organization is dysfunctional.


The oil wells out Western Belize here have $5 million in a CHARITABLE TRUST. The Board of Directors is divided between the company BNE and the government. They are squabbling and by refusal to attend Board Meetings, the BNE directors thwart the ability of the BOARD of DIRECTORS to function, as they lack a quorum to make decisions. At heart of the problems is control of the growing $5 million dollars in the Charitable Trust.
The media charge BNE with operating the TRUST as a personal private SLUSH fund ( private loans and such ) and the government people the media say, are being said by the BNE appointed Board members to wanting to giving grants based on party politics.

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